You could save big on housing costs with these 5 simple steps.
div > div.group > p:first-child"> A recent survey from real estate site StreetEasy found that in New York City, millennials are more likely than other generations to go overspend, with 45 percent saying they exceeded their initial budget on their current home. That compares with 30 percent of Gen X and 19 percent of baby boomers.
Experts say that helps illustrate how much wiggle room you have on housing, and what effect a pricier place might have on your ability to save or make discretionary purchases. "Having an idea of the prices and types of homes that you'll encounter will help you make more informed decisions, or help you redirect your search to new areas or new types of buildings if that becomes necessary to stay within your budget," said Grant Long, senior economist for StreetEasy.Many new renters aren't fully aware of the costs involved.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
8 essential, low-budget renovations that will make your home more appealing to millennial buyersIf you're selling your home, you should pay attention to the unique needs and preferences of millennial buyers.
Read more »
Deepak Chopra: 4 tricks to help you fall asleep when your mind is racingDeepak Chopra: 4 tricks to help you fall asleep when your mind is racing via CNBCMakeIt
Read more »
13 essential tips and tricks to help you get the most out of your iPadWhether you've just purchased a new iPad Air or are just looking for ways to master your current iPad, these tips and tricks will save you some time.
Read more »
Opinion | Three words to help avoid the tragedy of mistaking a killer’s car for your UberOpinion: Three words to help avoid the tragedy of mistaking a killer’s car for your Uber
Read more »
'Helping riders avoid psychos is a no-brainer': After Samantha Josephson murder, focus turns to lawsLawmakers in South Carolina are introducing a bill to require all ride-hailing services in the state to have illuminated signs on their vehicles.
Read more »
America's No. 1-ranked wealth manager breaks down the 3 mistakes every millennial investor should avoid — and what they should do insteadJeff Erdmann, Forbes' top-ranked US wealth manager, issues three warnings to millennial investors and reveals the strategy he uses with young clients.
Read more »
ICE arrests 280 at Texas firm, biggest immigration bust in a decadeMore than 280 employees of a Texas telecommunications company were arrested by in the largest worksite immigration operation in more than a decade.
Read more »
Chip stocks can 'bust through' to new highs if investors stay bullish on 5G: AnalystSemiconductor stocks are up nearly 30 percent this year, and one expert says the advent of 5G could push them even higher.
Read more »
Two Theranos whistleblowers created a company to help tech startups avoid making mistakes and becoming the next TheranosThe organization, called Ethics in Entrepreneurship, focuses on young entrepreneurs who are just starting their businesses.
Read more »