Skip to Content
AP National Business

Millennial Money: You nixed your homebuying plan. What now?

KVIA
By
Published 5:00 AM

By SARA RATHNER of NerdWallet

Elevated home prices, rising interest rates and steep competition are interrupting millennials’ plans to get that quintessential piece of the American dream — their first home, or an upgrade from a small starter home. If you were planning on buying a home over the past year or so, you may have started the process by getting a mortgage preapproval and working with a real estate agent, only to cancel it all and stay put. But you can use this unexpected extra time to rethink your needs, adjust your expectations and better prepare for buying a home later on.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content