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.
Evelyn Gill is a writer who loves to write about news. She's an avid reader and consumer of information about politics, health, business, parenting, and finance. She also enjoys writing about her hobbies: cooking and gardening.
