Profile of Home Buyers and Sellers: All in the Family, and New Records Set
As the cost of homeownership increases and options remain thin, family is stepping in. Among first-time homebuyers this year, 32 percent depended on family or friends for financial help purchasing, commonly in the form of gifts or loans, according to the annual National Association of REALTORS® report, newly released. Buyers depended on family or friends for help saving,...