Nice News - Buying a home as a young person is hard right now, and seemingly getting harder. The median age of first-time homebuyers in 2023 was 35, up from 31 in 2013 and 29 in 1981, the National Association of Realtors reported last year.
But
some have found a way to make their homeownership dreams come true, and
it all hinges on teamwork: Millennials and Gen Zers are increasingly turning to co-ownership.
Niles Lichtenstein, who launched a company called Nestment that
provides guidance for the homebuying process, told CBS News that
co-owning is a great way to offset the “incredibly large gap” between wage increases and home price increases.
Online report of the Progressive Review. Since 1964, the news while there's still time to do something about it.
September 28, 2024
Housing
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