SALT LAKE CITY For Brian Fleming, buying a first home didn t start out being very worrisome, as he and his wife had been diligent about saving for it after getting married in 2019. When they started the homebuying process in earnest, they thought they knew exactly what they wanted then market realities set in.
And it s not just first-time young buyers who are finding house shopping a daunting task this year.
James Mackie, 33, and his wife are now living in their third house since getting married after college. In the past with my home purchases, it was either a buyer s market or more of a neutral market where you can ask for things and you re not having to take these big risks that you are currently, Mackie said.