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I’m a realtor. What does this mean to possess my providers?

Certainly previous home buyers, almost you to-quarter of all of the homebuyers, and you may 37% out-of earliest-big date consumers, enjoys student loan debt, which have a typical level of $31,100. Much more annoying, 61% away from low-homeowning millennials said that student loan obligations is postponing their capability to buy a home. Considering a current NAR study on education loan debt, 51% of all of the education loan people say the financial obligation postponed her or him out-of to invest in a property. Thirty-six per cent off student loan debt holders state student loan obligations delayed the ily member’s home, a portion you to definitely goes up so you’re able to 52% certainly one of Black colored financial obligation people. Continue reading