Will I Ever Be Able to Buy a House?

Updated ·3 min read
Written by Calbrea
House

Will I Ever Own a Home?

These questions echo in the minds of many. With rising home prices, high interest rates (compared to a few years ago), and the daunting task of saving for a down payment, it's easy to feel discouraged. If this sounds familiar, know that you're not alone—and there's hope.

Homeownership Dreams Do Come True - A Story of Hope

Take Jade & Branden, for example. They dreamed of owning a home but felt stuck renting while watching home prices rise and interest rates climb. Instead of giving up, they leaned in and focused on what they could control. “We started small, setting aside $200 a month into a savings account by cutting expenses and flipping furniture we found on Facebook Marketplace. We built up our down payment while working on increasing our credit scores.” It wasn't an easy journey but well worth it, closing on their home right before the end of the year—a moment they thought would never come.

Buying a home with your spouse? Use our Dream Home Discussion Guide to get the conversation going.

What You Can Do to Make Owning a Home Happen

Here are some practical tips to help you on the path to homeownership:

Summary: Discover how others overcame what felt like the impossible - buying their first home. The journey may not be easy, but it is absolutely possible.

  1. Educate Yourself: Check out our Free First-Time Homebuying Guide to get an overview of what to expect when buying a home.
  2. Set a Goal: Use our Home Affordability Calculator to see how much you'll need for a down payment and break it into manageable monthly savings goals.
  3. Build Your Support Team: Ask family and friends if they know a reputable realtor or lender.
  4. Reduce Debt: Pay off high-interest debts to free up money for savings.
  5. Check Your Credit: Ensure your credit score is strong to qualify for better interest rates when the time comes.

Encouragement for the Journey

Like the Perry's, you may find that with patience, persistence, and the right strategies, what seems impossible now can become your reality. Homeownership might feel like an uphill climb, but every step you take brings you closer. Even small progress adds up.

Keep going—your future home is worth the effort.