Housing Market of Horrors: A 20-Something’s Guide to Buying a Home

Since the housing market began its dramatic landslide last year, I’ve been pushing my fiancé to buy a house under the impression that this may be the most affordable time for first-time buyers. There’s a lot of real estate out there for sale, most of which has been sitting stagnant for several months. The lenders and agents continue to harp that this is a buyer’s market. And they’re right—it’s the best time to be a buyer if you’re not trying to sell a house first and have 20 percent to put down.

Being 20-Something Today

I’ve learned a lot since I started looking at homes, and one of those lessons is that unless you can put 20 percent down on a house, you’re monthly mortgage is going to be painful. There isn’t a lot of incentive for young people just getting started to do anything other than ...Continue Reading

Tags: agent, dagger, dagger press, foreclosure, housing, mortgage, real estate, rent