Finance is personal.
Budgeting, investing, saving, debt, crypto, fintech, and whatever the hell NFTs are.
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All the Single Ladies and Homeownership
A Pew Research study showed that women make up about ⅓ of the growth in real estate ownership since 1994. So what is it that’s encouraging these single women, who are now buying one out of every five homes that are sold, to make the leap into homeownership.
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Millennials Are Buying Homes. Here’s How They’re Doing It.
The road to becoming a homeowner for many Millennials can sometimes seem impossible. Juggling exorbitantly high rents with the burden of student loans makes saving up for a down payment much harder now than it was in the past. Yet, despite these challenges, many people are able to navigate the barriers and find their way into becoming homeowners. In fact, a Bloomberg report shows that people aged 18 to 34 have become the largest group of homebuyers in the U.S.
We found some Millennials who managed to become homeowners and asked them how they did it.