Why young buyers still need a boost

It has more than two bedrooms. But it is a drawback if you’re trying to attract, say, a couple or young family. Many couples need a guest bedroom and an office, if not an office for each occupant. A home with three bedrooms or more is always a better choice to ensure future resale value.

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Why young buyers aren’t buying. The homeownership rate among young American adults should have been rising faster than it has but there are some key reasons why they are lagging.

First-time buyers need a boost By admin in Lending news , Market commentary 5th November 2012 0 Lenders should be doing more to help first-time buyers get onto the property ladder, says Ben Thompson, managing director of Legal & General Mortgage Club

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Improve Your Chances. Keep the same job. Job hopping is more common for young people today than it was for their parents at that age, but stable employment is a big factor in credit approval. You want to show a solid work history, and when you’re young, you have less of a work history to begin with.