Friday, March 29, 2024 | The Latest Buzz for the Appraisal Industry

Survey: 80 Percent of Millennial Homebuyers Are in Debt

A survey recently conducted by real estate firm Clever found 80% of would-be millennial home buyers are in debt, with nearly half (46%) $10,000 or more in debt and 1 in 5 (19%) $50,000 or more. 

The firm’s Millennial Home Buyer Report: 2023 Edition also shows that 92% of millennials feel the current inflation level is impacting their home-buying plans.

However, debt remains a looming barrier to homeownership among millennials. In fact, more than

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

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