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Young generations are having a difficult time achieving the dream of homeownership. The combination of inflation, soaring mortgage rates, low inventory and high prices are all paving the way for a difficult road.
Yet, contrary to popular belief, boomers might not have had easier roads when they bought their first homes.
Indeed, the National Association of REALTORS® 2024 Home Buyers and Sellers Generational Trends report found that millennials represent 38% of the home buying market, up from 28% last year.
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