Real Estate News

Does Saving Up for a House Seem Hopeless? A Guide for Today’s Tough Market

For those of you who hope to buy a home soon in today’s high-priced market, probably the most daunting hurdle is amassing the down payment. With the median home price currently hovering around $400,000, a 20% down would amount to a whopping $80,000. Now, who has that much laying around? Anyone?

Further complicating matters is that you’re saving up for more than a house. You might be simultaneously socking away money for retirement, paying down credit card debt or college loans, or setting aside something for the day your kid heads off to college, too. READ MORE…

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