Nick Millican Shares the Secrets of Affording a Home in 2024

Real estate agent Nick Millican explains how the housing market is going on currently. The asset management expert says that too many jobs today cannot cover the cost of a home, and it’s becoming more common that would-be first-time home owners feel discouraged even trying to secure a place to live. 

The market is indeed far from ideal for buying a residence, but there is a way that it’s possible: buying a home jointly. This is the most common way that homes are bought today. Halifax reports buying jointly is the strategy that two-thirds of first-time home buyers use to purchase their home. And this is when real estate agent Nick Millican comes in. 

If you’re looking for someone to split the costs with, don’t feel pressured to find a boyfriend or girlfriend or to move in with the one you already have either: It doesn’t have to be a romantic partner that you buy your home with. As Nick Millican adds, this is the whole new trend.

Frequently, people are also buying joint homes with their friends or their siblings. As long as the terms on which you live together are clear and agreed upon beforehand, this is a strategy that can be mutually beneficial to you and your co-owner (Eubusiness).

Nick Millican shares some more final thoughts. He sets one example that’s been spoken of in the news is that of two architects, Olamide Soyemi and Cullen Farleigh, who built a house together so that both of them could have a place to live. They entered the agreement to secure joint housing as friends.

Real estate agent Nick Millican explains how the housing market is going on currently. The asset management expert says that too many jobs today cannot cover the cost of a home, and it’s becoming more common that would-be first-time home owners feel discouraged even trying to secure a place to live.    The market is…