Dream of homeownership feels unattainable to many Americans: Redfin
Housing Wire
APRIL 12, 2024
renters don’t believe in their ability to ever own a home, up from roughly 27% less than a year ago. Among other reasons preventing renters from becoming homeowners, respondents listed the difficulty of saving for a down payment (35%), the challenges of affording mortgage payments (33%) and high mortgage rates (32%).
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