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2021 will be tough for first-time home buyers—how to weather the storm

.  Plan to buy your first home in 2021? It’ll probably take months instead of weeks, and you might feel demoralized at times. That’s not negative thinking. It’s an acknowledgment that the road to homeownership has potholes. The journey can be bumpy, but the destination is worth it. When you know at the outset that you’re in for emotional highs and lows, it’s easier to shrug off those lows and keep on truckin’. Here’s why 2021 will be a rough year for first-time home buyers — and how to manage your emotions during the process. Why buying a home in 2021 will be tough

The Property Line: Buyers Face Emotional Journey in 2021

The Property Line: Buyers Face Emotional Journey in 2021 NerdWallet 12/16/2020 © Getty Images Supply of homes is low, as buyers are pouncing whenever properties become available. Plan to buy your first home in 2021? It ll probably take months instead of weeks, and you might feel demoralized at times. That s not negative thinking. It s an acknowledgment that the road to homeownership has potholes. The journey can be bumpy, but the destination is worth it. When you know at the outset that you re in for emotional highs and lows, it’s easier to shrug off those lows and keep on truckin’. Here s why 2021 will be a rough year for first-time home buyers and how to manage your emotions during the process.

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