Tips for Millennials Buying Real Estate with Meager Savings

Millennials desperately want to buy Springfield MO real estate, but severely underestimate what they need for a down payment on a home. According to Apartment List data and an article by CNBC, people in their 20s and 30s are not buying homes in droves simply because they don’t have the down payment money and credit. Eighty-percent of young people said they want to own homes. Yet, 68 percent have less than half the money saved for a down payment. Another 44 percent have absolutely nothing saved for a down payment on a home. Continue reading