According to a recent survey by home ownership experts NeighborWorks America, many people, especially those that live in the Northeas, find that saving to buy a home is almost impossible while paying rent. Most Blacks and Latinos also find saving for a down payment and improving credit to be one of the top obstacles to purchasing a new home.
If this sounds at all familiar, stop in at Home HeadQuarters’ HomeOwnership Center to get started on the home buying path. Certified Housing Counselors can assess where you are in the process and if you should start with a Financial Fitness class or sign right up for a HomeBuyer Orientation. You can also check out the educational offerings online at https://www.homehq.org/education-and-counseling/.
For more on the NeighborWorks America study on obstacles to home ownership, visit the article here!