One Cool Thing – Roadblocks to the American Dream
The Lawhead Team would like to share the C.A.R.’s Center for Real Estate’s latest “One Cool Thing” about what stands in the way of achieving the American Dream.
Prospective home buyers face numerous challenges when it comes to achieving the American Dream of homeownership, but obstacles remain and often vary among ethnic groups.
Among those who plan to buy a home, the biggest challenges home buyers face are:
- 29% Saving for a down payment
- 27% Lack of inventory
- 22% Access to credit and financing
- 19% Personal debt
Click the image below for more hurdles home buyers face achieving the American Dream.
Source: The Futures Company in partnership with the CALIFORNIA ASSOCIATION OF REALTORS® Center for California Real Estate