NAR study identifies BIGGEST housing obstacles

According to NAR, the lack of affordable homes is the top obstacle holding back potential home buyers of all races. The finding shows the second-ranking obstacle faced by potential hispanic home buyers was a difficulty saving saving for a down payment. The second highest concern: Black home buyers: Lack of credit or credit issues. White an Asian home buyers: A lack of homes that fit their criteria. 75% of potential home buyers are currently planning to save for a down payment, which most noted will take between 6 months and 3 years. Presented by Richard Stewart, the principal associate real estate broker at REO Specialists Llc Kalamazoo MI 269-345-7000 www.RichardStewart.com