2025-03-30
16 分钟We actually thought it would be relatively easy, but here we are and it's, it's not.
Five months and nine offers in first time home buyers.
Scott Pear and his wife Michelle were anxious about their search.
And this is the bonus room.
They currently live in a two bedroom apartment in New York City along with their one year old son and 25 pound Australian Labradoodle.
But they're planning a move to New Jersey before their lease ends this summer.
My wife and I have been smart about our savings and we always knew we wanted to make a purchase on a home and that requires a big down payment.
So we're fortunate to be able to do that.
Although, are we?
Because we actually can't even do it if we wanted to right now.
And we always thought, well, once you save up, then you're good and then you'll get something.
It's just not the case anymore.
Here's your money briefing for Sunday, March 30th.
Mariana I'm Mariana Aspuru for the Wall Street Journal and this is the first installment of our three part series buying a home in 2025.
Navigating the crunch.
Our loyal YMB listeners might remember that around springtime each of the past two years,
we've taken a look at the housing market and what it takes to buy a home in 2023.
Foreclosures have hit certain people and then,
not to mention the fact that home prices themselves have become so out of reach,
frankly for a lot of folks.