Millennials willing to compromise more to buy a home

Young buyers are willing to make more sacrifices to buy a home — like drawing from retirement savings, delaying starting a family and living in lower-cost or faraway neighborhoods for the chance to build equity, according to a new study.The survey by Clever Real Estate of 1,000 adults looking to buy a home in 2020 found greater desperation among young buyers than a previous survey — although few seemed ready to pay the high prices required to purchase in the Bay Area.“They’re a little more willing to put up with things, like higher interest rates, or a less desirable neighborhood,” said Clever…

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