First-timebuyers may consider moving to lower-cost areas as challenges mount

Younger people are facing a problem, with rising home pricing meaning that the down payment requirement is getting higher, and many are unable to afford it. The National Association of Realtors says the median home price in the U.S. is now $350,000, which means the average buyer would need to pay $70,000 as a deposit […]

The post First-timebuyers may consider moving to lower-cost areas as challenges mount appeared first on RealtyBizNews: Real Estate News.
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