First time home buyers account for 31% of home sales which is lower than expected according to a recent study by the National Association of Realtors. Why? NAR chief economist Lawrence Yun writes, “..Student debt has tripled over the past decade; starter home listings are in short supply because home builders are focused on expensive homes; many affordably priced condos are not FHA-certified; and credit score requirements to obtain a mortgage are tighter than historic norms.” If you’re still renting and want to learn more about how you can get out of leasing and not be a statistic, PM me and together we’ll figure out a way for you to own a home and build wealth. #austinrealestate #homeownership