Many American millennials choose renting over buying, but with rental costs high, it may be time to reassess if it’s really worth delaying homeownership much longer. “Rents have grown at roughly twice the pace of wages” since 2000, according to Zillow research. The same report notes home buyer benefits such as “mortgage interest rates near historic lows and home values that remain below their pre-recession peaks in most areas.” And while you may doubt your ability to afford a house of your own,
Source: www.zillow.com
Millennials: 5 Reasons to Make a Condo Your First Home