07/07/2022
Skyrocketing rents and surging homeownership costs are forcing many prospective buyers to remain in the rental market. With the national median existing-home price recently exceeding $400,000, and assuming a down payment of 3.5%, buyers would need to come up with $14,000 down toward the typical median-priced home. That is a significant challenge for millions of renters, whom have a median savings of $1,500 or less, according to Harvard
researchers' State of the Nation's Housing 2022 report.
Want to learn how to beat the odds in such a challenging market? Give me a call and schedule a FREE COFFEE CONSULTATION.
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