April 19, 2024 11:03 pm
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First-time home buyers are the ‘missing link’

Powerful businessman holding sections of huge chain over white background
Powerful businessman holding sections of huge chain over white background

By Andrea Riquier | realtor.com

Claire Jeffers, a 30-year-old public relations professional in Portland, Maine, loves her job, her city, and the Munjoy Hill neighborhood where she lives with her boyfriend.

She loves living within blocks of restaurants like Blue Spoon and Lolita, and her location overlooking the 100-year old Portland Observatory. But she also loves her monthly rent, which is several hundred dollars below the local median. And she knows something—perhaps another job, or graduate school—might pull her away. Those considerations, she says, mean she views buying a home as something that just doesn’t add up.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.