In 2023, student loan expenses held back 52 percent of non-homeowners from saving for a down payment for a home purchase in the United States. Other factors holding back a significant portion of non-homeowners from saving for a down payment were high rent/current mortgage payments and credit card debt.
Factors that are holding back non-homeowners from saving for a down payment on a home purchase in the United States in 2023
Characteristic
Share of respondents
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National Association of Realtors. (March 28, 2024). Factors that are holding back non-homeowners from saving for a down payment on a home purchase in the United States in 2023 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1117998/saving-obstacles-downpayment-usa/
National Association of Realtors. "Factors that are holding back non-homeowners from saving for a down payment on a home purchase in the United States in 2023." Chart. March 28, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1117998/saving-obstacles-downpayment-usa/
National Association of Realtors. (2024). Factors that are holding back non-homeowners from saving for a down payment on a home purchase in the United States in 2023. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1117998/saving-obstacles-downpayment-usa/
National Association of Realtors. "Factors That Are Holding Back Non-homeowners from Saving for a down Payment on a Home Purchase in The United States in 2023." Statista, Statista Inc., 28 Mar 2024, https://www.statista.com/statistics/1117998/saving-obstacles-downpayment-usa/
National Association of Realtors, Factors that are holding back non-homeowners from saving for a down payment on a home purchase in the United States in 2023 Statista, https://www.statista.com/statistics/1117998/saving-obstacles-downpayment-usa/ (last visited July 22, 2024)
Factors that are holding back non-homeowners from saving for a down payment on a home purchase in the United States in 2023 [Graph], National Association of Realtors, March 28, 2024. [Online]. Available: https://www.statista.com/statistics/1117998/saving-obstacles-downpayment-usa/