Debunking Scary Myths About Buying a Home

There are a number of scary myths about homebuying in today’s market. Here’s what you need to know:

• Prices are not expected to crash
• It is possible to buy even with student loan debt
• There are programs that can help you save for a down payment.

Myth

"It's not a good time to buy because home prices are going to crash."

Reality

While price trends vary by local area, nationally, home prices are expected to rise at a more normal pace in 2025.

Myth

"If I have student loan debt, I can't buy a home."

Reality

It's still possible to buy a home, even with student loan debt.

Myth

"It's going to take forever to save for a down payment."

Reality

If you need to give your savings a boost, look into down payment assistance. A lot of people don't know this is an option.

Don’t let scary myths delay your homebuying plans. Connect with Forza so you have a pro to help you separate the facts from your fears.

Sources: Goldman Sachs, Wells Fargo, Fannie Mae, HPES, Morgan Stanley, MBA, Zelman & Associates, NAR, Freddie Mac, Moody's Analytics, Realtor.com