Millions of young Americans have home ownership in their future plans. Many within a 5 year period. But they keep getting told buying is next to impossible. We have a strong demand and a low-inventory which contributes to accelerating prices.
Universities increasing tuitions and the highest home prices in history are a couple of reasons Millennials (born after 1982) are running into today.
They are being told:
Student debt burden
Renters can't afford a down payment
No one is selling now
It is going to take longer to find a home you like
They have become a self fulfilling prophecy since they have heard it time and time again.
Did you know there are Down Payment Assistance (DPA) programs, grants, second-mortgage loans and tax credit options? Agents don't need to memorize each and every option but should be able to provide general information.
Building wealth in the U.S. is little to none without owning a home. Some buyers believe they have lost out the first time and they will never get another chance. This isn't a one-strike-out game. If you need help, come talk to me, I can point you in the right direction.