So how are people actually buying homes at a young age?
Condos for Sale in Boston and Apartments for Rent
So how are people actually buying homes at a young age?
I read a story of a first-time homebuyer who received a grant that gave him $50k towards his down payment, so he ended up buying a fixer and thus had more cash to put towards renovations. The program can be found here for more info.
In a recent survey, 60% of Gen Z and 57% of millennials who purchased homes said they couldn’t have done it without family support.
As “starter homes” are becoming increasingly expensive, younger buyers are opting for condos or the less desirable areas.
All in all, it’s still possible to purchase real estate in your 20s; it just requires extra assistance, widening the search, settling for what might not be your “dream home,” and careful planning!
Peace be with you
Where is Ford Realty Located?
Ford Realty is located in 137 Charles Street in Beacon Hill
Ford Realty – Condo for Sale Office
Ford Realty Inc 2024 Google Reviews
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