The American Dream has changed through the years but it seems to have always come with a home. With the younger generation coming up being affected by heavy debt, the thought of purchasing a home can seem impossible.
Many new homes such as Ormond Beach Florida new homes are priced from the mid-two-hundred range to the mid-three-hundred, with some four-hundred-thousand sprinkled in along with a few more expensive homes. The median value of owner-occupied housing units, whether mortgaged or owned, is about $208,800, according to the US Census. Homes can be affordable depending on where you’re located, and yet the generation with the most buying power is crippled by student loan debt, and cannot invest in a home. Continue reading