#affordability-challenges
#affordability-challenges

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www.independent.co.uk

First time home buyers need 53k cash deposit as house prices march higher

The average deposit for a first-time buyer is £53,414, which is around 19% of the purchase price.

High interest rates and soaring house prices have forced homebuyers to save for 10 years to gather the required deposit. [ more ]

Miami Herald

The median age of single-family homes in South Florida is 39 years old, slightly lower than the national median of 41.

Half of all homes in the region were built before 1983, while only one in 10 have been built since 2010. [ more ]

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