Senator Elizabeth Warren, a Democrat from Massachusetts, greets attendees during an organizing event in Des Moines, Iowa, U.S., on Saturday, Jan. 5, 2019. Warren took a major step last week toward an all-but-certain 2020 White House run, seeking to become the Democratic nominee to challenge President Donald Trump on a message of economic equality and fighting corruption. Photographer: Daniel Acker/Bloomberg Sen. Elizabeth Warren, D-Mass., spoke at a presidential campaign organizing event. (Photo: Daniel Acker/Bloomberg)

It takes the typical first-time American homebuyer a dozen years to both pay off student loans and save enough to make a 20% down payment on a median-priced home, Redfin, a real estate brokerage, reported Friday.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Michael S. Fischer

Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.