Saving for a First Home Now Takes 16 Years, Twice as Long as in 2019

Saving for a First Home Now Takes 16 Years, Twice as Long as in 2019

A first home can feel close when you have a savings goal and a steady plan. But the time it takes to reach that goal depends on more than how much you set aside. If home prices rise faster than incomes, while rent takes up a large share of earnings, the finish line can move […]