The Truths Young Homebuyers Need To Know
For many young or first-time homebuyers, buying a home can be intimidating. A recent survey shows ages 25 to 40 homebuyers may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more” “1 in 4 underestimated the increase in value by $100k or more” “47% don’t know what a good interest rate is” Because they feel uncertain, some young homebuyers have given up on their search, or worse, they’ve decid