Prices, inflation make buying a home difficult, but owning is still the key to wealth
Home ownership is the key to building wealth, even though high prices have made buying difficult.
Younger adults have delayed home purchases compared to previous generations.
Extending the loan criteria and offering prepayment assistance can help first-time buyers
When Summer Wrenn moved home to North Carolina, she was thinking of buying a house.
“I grew up with my mother and her husband, and they never owned a home, and I’ve always had a dream about it,” said Wrenn, 20, who moved from New Jersey in the fall of 2021.
