First
Time Home Buyers
The negative
affects of rising property values in California
for first time buyers is on the incline. For the younger generation of first
time buyers, purchasing a home is and will be a big and challenging step to
take and overcome as a young adult. In order to buy a home in today’s market a
person needs more than an average income. That is if someone wants to live in California. The market
value of real estate has doubled and in some areas tripled in the last five
years, making buying a home more difficult for young adults to purchase there
first home. Throughout this paper I will discuss about the many different
affects of buying a home has on first time buyers, and as a young person, what
one could do to prepare yourself to buy a home in the
real estate market.
