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Millennials Want a House Soon, But Some Buying into Purchase Myths
National Mortgage News, Oct. 10, 2018–Elina Tarkaziks (subscription)
About 38% of first-time homebuyers plan to purchase in the next two years, while 36% hope to buy a house within the next three to five, according to Bank of America’s Homebuyer Insights Report. Still, a knowledge gap exists among renters.