Why first-time homebuyers are at a disadvantage – CBS News
First-time homebuyers are getting locked out of the market because high interest rates keep people from selling, a spike in all cash offers, and millennials — the largest generation — are competing against empty nesters who have more savings for the same properties.
Kris Woodard is a writer and editor at News Tempus, where she writes for lifestyle, books, sports, education, and technology. She's also an avid reader who loves to travel and explore the outdoors.
