- Home ownership is the key to wealth building, although high prices have made buying difficult.
- Younger adults have put off buying a home compared to previous generations.
- Broadening loan criteria and offering down payment assistance can help first-time homebuyers
When Summer Wrenn moved to North Carolina, she had the idea to buy a house.
“I grew up with my mom and her husband and they never had a house and I always dreamed of one,” said Wrenn, 20, who moved from New Jersey in the fall of 2021.