"It's never been tougher for first-time homebuyers to break into the market. Supply shortages, high mortgage rates, and skyrocketing prices are creating barriers to entry."
"There are a lot of financial barriers to entry for younger households. As a result, we see fewer first-time home buyers. They are a smaller share of the market, and the number of home sales has been historically low in recent years."
"Despite the tough times, there are some positive inklings for the housing market heading into next year: lower interest rates and increased inventory could be on the horizon in 2025."
Collection
[
|
...
]