Survey: 80 Percent of Millennial Homebuyers Are in Debt

A survey recently conducted by real estate firm Clever found 80% of would-be millennial home buyers are in debt, with nearly half (46%) $10,000 or more in debt and 1 in 5 (19%) $50,000 or more. The firm’s Millennial Home Buyer Report: 2023 Edition also shows that 92% of millennials feel the current inflation level is impacting their home-buying plans. However, debt remains a…