"Challenges Persist in Housing Market for First-Time Buyers Amid Low Inventory and Cash Offers"

1 min read
Source: KETV Omaha
"Challenges Persist in Housing Market for First-Time Buyers Amid Low Inventory and Cash Offers"
Photo: KETV Omaha
TL;DR Summary

The housing market is proving challenging for families like the Boschults, who are struggling to find affordable homes due to a combination of cash offers, low inventory, and rising prices. With the average age of homebuyers increasing and a decrease in available homes, first-time buyers are finding it increasingly difficult to enter the market. Realtors are calling for a more balanced market and incentives for contractors to build more affordable starter homes.

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