According to a 2015 Urban Institute report, delayed marriage and student loan debt are the biggest factors holding millennials back from buying homes. But though the path to homeownership is rocky, many millennials still want that "American Dream." In fact, according to the Census Bureau, nearly 37 percent of them already own homes.
If you feel like owning your apartment or a home seems out of reach, you might want to hear the stories of your fellow cohorts who have become homeowners. Yesterday, I shared Ashley Coleman's experiences with borrowing from her 401K and getting an FHA loan. Today, Billy Lyons, 35, a writer and producer in New York City, shares his experiences. (Just a caveat, these are first person stories — not necessarily financial advice, so talk to a professional to see what works for you!)
from Apartment Therapy | Saving the world, one room at a time http://bit.ly/2DslRuY
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