We Can’t All Rely on the Bank of Mom and Dad

Home prices are increasing faster than incomes, especially for younger households. Add in things like the pandemic and student loan debt, and it’s hard for many to see a path to homeownership.

Many millennials are turning to the bank of mom and dad. A recent report from Apartment List found that 63 percent of millennials surveyed do not have any savings for a down payment, and more than 20 percent expect financial help from family towards a down payment. keep reading

6 Steps for Buyers Competing in a Tight Market

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If you’re the newbie buyer on the block right now, it’s tough out there. How can you be more competitive when you’re up against tight inventory and higher prices? Plus, if you’re currently renting, you don’t have equity from a home sale to help fund your down payment.

These six ideas can help you (finally!) score a home of your own. keep reading