SAN DIEGO — Ryan Tannenberg, who just turned 25, moved in with his parents in Scripps Ranch after graduating from college. He is now trying to buy his first home.
But making that jump isn't easy. Tannenberg has been looking for over a year but is not the only one. A new report labeled San Diego one of the ten cities that are"impossibly unaffordable." "My biggest struggle is not having enough money. If we could all get a loan for zero percent APR for $500,000, we could all buy a house," said Tannenberg.
Bridget Potterton, a real estate broker with Keller Williams San Diego Metro, said one of the challenges home buyers face is the payment, and they think they will not be able to afford the home.
Homeowners Impossibly Unaffordable Median Home Price National Average San Diego Scripps Ranch
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