"By the spring of 2024, the realities of home ownership were weighing on the Hawkins family, and they had been seeking a different home for over two years."
The original poster (OP) clarified that his son, who received the down payment help, has been diligently saving and was recently in need due to a competitive housing market.
"Inventory will continue to increase next year, but unless there is a major shift in the economic trajectory, we don't expect a buyer's market on the horizon within the next five years," said Danielle Hale, chief economist for realtor.com®. "Unfortunately for buyers, it's only going to get more costly to buy, especially the most-demanded entry level real estate. To be successful, buyers should think through how they'll adapt to higher rates and prices."
"What I like about it," says Bradley, "Is that you can see it moving, like a kinetic sculpture. It really gives you the feeling you are getting something back. My grandkids used to call this place, 'The round and round house'."
"By the time my son graduates from high school, I would have saved about $100,000, which would cover a large portion of a four-year degree - depending on where he chooses to go."
