“It’s likely going to be just as difficult to buy next year as it is this year,” Redfin’s top economist warns, with steep prices and mortgage rates keeping young buyers on the sidelines.
First time buyer at 52 here… all it took was a heart attack forcing work from home a year before the global pandemic, then 2 more years WFH to bank $30K in cash for the minimal down on a $390K house.
Mortgage is just over $2K a month, while the rent on our last apartment had been $1,800, is now $2,300.
First time buyer at 52 here… all it took was a heart attack forcing work from home a year before the global pandemic, then 2 more years WFH to bank $30K in cash for the minimal down on a $390K house.
Mortgage is just over $2K a month, while the rent on our last apartment had been $1,800, is now $2,300.