Girls, young women want to be homeowners by age 30, study finds. Here's how they can achieve that goal

While teens dream of owning a home years from now, it's a daunting market right now: Houses are more expensive than they were pre-pandemic, and mortgage rates are higher. The median U.S.

The down payment for a home is the biggest hurdle for most homebuyers. Although the standard is 20%, you can get by with much less. Shoppers come up with just 6% or 7% as aon their first home more often, Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors, told CNBC.

If a high school student wants to buy a house in roughly 10 to 15 years, they can get started with a part-time job, and set aside their money for that goal, Elliott explained. A savings account is key for short-term goals, but if you have been putting aside money in retirement accounts, you may be able to use funds there for your down payment, too.

For instance, a Roth IRA is a retirement account with rules that benefit first-time homebuyers, said CFP

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