First-time Homebuyers Facing a Different set of Housing Realities

The next generation of homebuyers has different expectations of the real estate process, and who can blame them?

They are facing a different set of realities from their parents.

The average Gen Y currently has, on average, $27,000 in college loans to repay, which they may spend the better part of a decade doing — exactly at the same time when past generations were usually saving up for a down payment, writes Doorsteps, a real estate search site.

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