A wealth of resources for first-time home buyers in the Washington area
Date Released:
Washington Post - Michele Lerner
The most difficult step for most first-time home buyers, according to research from the National Association of Realtors, is gathering the funds for a down payment.
In housing markets such as the Washington region, saving money to purchase a home can be doubly hard: Not only are homes expensive, requiring more cash for even a minimal down payment, but rents are also high, making it tougher to save at all.