Potential first-time home buyers are still encountering several obstacles when considering a purchase. These obstacles include student debt, according to a recent survey from NeighborWorks America, an organization focused on affordable housing.
- Student debt impacts first-time buyers the most.
- Rapidly rising home prices are also affecting first-time buyers.
- The average age when Americans get married is rising. This is notable because marriage is a precursor to homeownership.
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