Student Loan Debt: Ongoing Hurdle to Homeownership

The U.S. currently has a student debt load of over $1.4 trillion, which accounts for 10 percent of all outstanding debt and 35 percent of non-housing debt. The magnitude of the debt continues to grow in size and share of the overall debt in the economy. While this amount of debt has risen, the homeownership […]

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Student Loan Debt a Homeownership Barrier for Women and Millennials

Rising interest rates, a seller’s market and increasing home values…these are just a few of today’s market challenges for buyers. While 92 percent of adults say homeownership is an important part of the American Dream, student loan debt is the predominant obstacle, according to the sixth annual NeighborWorks America at Home survey. This is especially […]

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Households with college students are twice as likely to experience foreclosure

New research by Jacob Faber and Peter Rich shows a correlation between rising college attendance rates and home foreclosures.

Bankruptcy Clarification Could Give Home-Buying Millennials Options

Student loan debt is one of the major home-buying challenges for the millennial generation. According to a survey by the National Association of REALTORS® (NAR), 83 percent of surveyed millennials said they are delaying their home-buying plans by a median of seven years in direct correlation to their student loan debt. In today’s financial landscape—even […]

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Report: Cohabitating Increasingly Popular

Solo living is becoming more difficult for younger generations, especially for millennials who are struggling to afford rising home prices if they are burdened with student loan debt. And with rental prices rising as well, even solo renting is not a realistic option for some. According to Zillow, a doubled-up household is defined as two […]

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Home-Buying Challenges: Report Finds Homeownership Delays

Homeownership is considered a challenging stepping stone on the path to the American Dream—a fact that is especially true for many millennial and minority consumers. The fifth annual America at Home survey by non-profit NeighborWorks America found that down payment confusion, credit score misinformation and student loan debt are the major obstacles standing in the […]

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Infographic: Easing the Burden of Student Loan Debt

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: How to Make Buying a Beach House an Affordable Thing to Do Great Spaces: Emily Blunt and John Krasinski’s Park Slope Pad 4 Ways to Host an Effective Open House Is your crippling student loan debt keeping […]

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College Debt Is Postponing Homeownership—but by How Long?

College debt is having a compounding effect on how millennials perceive and plan for homeownership. Eighty-three percent of millennials in a recently released report by the National Association of REALTORS® (NAR) say they are delaying their home-buying plans by a median seven years as a result of their student loan debt. Twenty percent of the […]

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Freddie: What Feeds the Affordability Perception?

Affording a mortgage payment is possible for many prospective homeowners. Why then, by all accounts, is unaffordability plaguing the market? Researchers at Freddie Mac offered several takes on the answer in its latest Insight, suggesting that homebuyers having a hard time finding reasonably-priced listings are perceiving homes as unaffordable—a view that appears largely based in […]

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Those With Bachelor’s Degrees More Likely to Own Home, Study Says

Editor’s Note: This was originally published on RISMedia’s blog, Housecall. See what else is cookin’ now at blog.rismedia.com: Trends in Housing: The County That Broke Texas’ 8-Year Streak Buying a New House? 5 Things to Check Before Moving In A-List Apartment on the Upper East Side While it’s no news that having a college education […]

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