Young adults are buying homes again, or at least thinking about it.
By Marilyn Kennedy Melia | June 27, 2018
A recent Harris-Trulia poll finds that 86 percent of milennials plan on buying, but most not right away, instead aiming for some time over the next two years.
Even with waiting to keep building savings, they expect to sacrifice on the type of home or neighborhood they ideally want.
Here, experts weigh in on the wisdom of waiting, or buying a “good enough” home:
Are you flexible about your priorities? Make a list of features you want in a home, then visit lots of open houses, even those “you don’t think you’ll be interested in,” advises Kate Ziegler, agent with Arborview Realty, Boston. Re-examine your priorities frequently. You may find there are affordable, acceptable choices that you wouldn’t have considered before investigating, she says.
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