Analysis shows Chicago is the easiest place to save for a down payment



If you’re struggling to save up for a down payment on your first home, you could do a lot worse than move to Chicago, where it’s possible to do so within just three years, according to a new analysis from RealEstate.com.

Millennials go to great lengths to achieve homeownership



Millennials are showing such a strong desire to get into homeownership that many are willing to make big sacrifices or take on a second job.

Cash-strapped buyers turn to crowdfunding to raise a down payment



A growing number of aspiring homeowners are turning to crowdfunding platforms as a way of raising funds to cover their down payments. Crowdfunding platforms such as HomeFundMe and Feather the Nest have recently emerged, catering specifically for the home down payment market, Realtor.com reports. The idea is that wannabe homeowners can use the platforms to […]

More parents are helping their kids with down payments



Millennials are increasingly expecting their parents for greater help when it comes to housing. A report from Apartment List that surveyed 13,000 people born between 1981

Singles must save for 11 years to be able to afford the down payment on a home



What with prices soaring and inventories growing ever tighter, it’s becoming increasingly difficult for singles in particular to find an affordable home.

Saving For A Home: Heres a Few Tips



A good strategy to save the down payment and closing costs to purchase a home requires several steps. While saving money towards the down payment is always good, it’s not necessarily the place to begin. Your first house is probably the biggest investment you’ll ever make. Accomplishing it takes not only perseverance but also good […]

First-time buyers turn to crowdfunding, and lenders are backing it



Would be home buyers who can’t afford to save for a down payment are increasingly looking at crowdfunding options to fund their home purchases.

Loftium will stump up your down payment, but only if you become an Airbnb host



That company is called Loftium, which says it will provide up to $50,000 in down payment money in return for homeowners renting out one of their rooms for between one and three years,

Zillow: If you’re saving for a home, cut down on the parties!



Destination bachelor and bachelorette parties are becoming the new norm for many millennials who prize experience and grew up with The Hangover’s depiction of pre-wedding adventure. However, those who attend just nine of these trips in a lifetime

40% of Americans still overestimate down payment costs



Some real estate buyers make false assumptions about how much of a down payment they need to be able to buy a home, according to a recent survey by the National Association of Realtors. The NAR’s 2017 National Housing Pulse survey of 1,500 adults nationwide found that almost 40 percent of consumers believe a down […]

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