By SARA RATHNER of NerdWallet Millennials are in peak nesting mode. We want the outdoor space many apartments lack, or the room to grow that a starter house doesn't offer. There's just a not-so-small problem. (Gestures broadly at everything.) The median existing home sales price of U.S. homes was $389,500 in August, according to the National Association of Realtors. That's a 7.7% increase from August 2021. The average interest rate for 30-year fixed-rate mortgages topped 6% as of Sept. 15 this year, according to Freddie Mac.

https://www.texarkanagazette.com/news/2022/oct/09/millennial-money-you-nixed-your-homebuying-plan/

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