Student debt isn’t the only thing holding buyers back

Student debt isn’t the only thing holding back home sales, which reached a six-year low in December and have been on a steady decline since 2004.

400,000 fewer young people are buying homes due to student debt

The rise in student debt — which more than doubled from 2005 to 2014 — has resulted in hundreds of thousands of fewer young people owning a home, according to a new study from the Federal Reserve.

Buyers: Challenged by Student Debt? Consider Down Payment Programs

Student loan debt is one of the biggest factors impacting millennials’ ability to purchase a home. According to the National Association of REALTORS® (NAR), 80 percent of millennials do not own a home, and, of that, 83 percent say student loan debt is impacting their ability to buy. Millennials expect to be delayed from home-buying […]

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How much do millennials have saved for a down payment?

Apartment List found it will take college graduates with no debt 7.9 years to save a 20-percent down payment for a median-priced condo …

First-Time Homebuyers Are Knocking: Are They Being Let In?

First-time homebuyers are eager to enter the housing market. Getting in the door is another story. First-time homebuyers accounted for 34 percent of sales this year, less than the 35 percent share in 2016 and off an average 39 percent historically, the NAR 2017 Profile of Home Buyers and Sellers shows. First-timers bought costlier, but […]

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How Fannie Mae is quashing school debt

The massive amount of student debt carried by college graduates could become less of an issue for those who want to become homeowners under new policies announced today by Fannie Mae …

What does student debt mean for housing affordability?

We hear it all the time. The burden of enlightenment, student loan debt, is preventing people from becoming homeowners. Housing and Urban Development (HUD) Secretary Castro, at a recent National Association of Realtors (NAR) event, claimed that student…

Millennial student debt hurting the housing market, study shows

Student debt is no joke to the economy. A new report shows 46.5 percent of millennials currently own money on student loans, and more than 60 percent of millennial respondents say their monthly student loan bills impact their spending habits “very much…

Nearly 3 of 4 student loan holders believe their debt delays homeownership

The increasing costs of higher education have caused a lot of concern about student debt. How easy is it to afford a home when your degrees cost considerably more than they used to, and the framed piece of paper reciting your accomplishments is no guar…

In which states do college grads carry the most debt?

The world is your oyster, they say. Just study hard, apply yourself and have endless opportunities greet you upon graduation. Sounds rewarding enough, until costs are factored in …