MILLENNIALS COLLABORATING TO ATTAIN THE AMERICAN DREAM OF HOMEOWNERSHIPMILLENNIALS COLLABORATING TO ATTAIN THE AMERICAN DREAM OF HOMEOWNERSHIPMILLENNIALS COLLABORATING TO ATTAIN THE AMERICAN DREAM OF HOMEOWNERSHIPMILLENNIALS COLLABORATING TO ATTAIN THE AMERICAN DREAM OF HOMEOWNERSHIP
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December 16, 2021
Barry’s Buzz- December 2021
December 16, 2021
Published by Alyssa Haynes on December 16, 2021
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Happy millennial friends having fun with mobile phone after lockdown reopening - Joyful guys and girls spending fancy time together at university college break - Warm bright filter

MILLENNIALS COLLABORATING TO ATTAIN THE AMERICAN DREAM OF HOMEOWNERSHIP

 

The affordability issues in the housing market aren’t going away for younger buyers. The financial challenges hindering millennial homeownership have been well documented between overwhelming student loan debt and record-level home prices. However, some within the cohort are carving their own path to the American dream through teamwork.

“Affordability is a key issue for young buyers or first-time homebuyers entering into the market with limited housing inventory, so pooling incomes with a roommate becomes a really good solution for many buyers to be able to enter into the housing market,” says Jessica Lautz, vice president of Demographics and Behavioral Insights for National Association of REALTORS® (NAR)….Read More

 

More great articles below:
  • Has the Housing Market Peaked? That May Depend on Where You Live?
  • FHFA: Government to back mortgages up to $970,800 in 2022
  • Residential construction jobs slowly return
  • SALT LAKE CITY PROJECTED TO BE 2022 TOP HOUSING MARKET

 

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Alyssa Haynes
Alyssa Haynes

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