First-time homebuyers face hurdles despite gradual improvement

The Florida context

The idea started with a sermon Micah Longmire heard at his Presbyterian church in Ogden, Utah, about the importance of grandparents in a child’s life.

Longmire, now 31, exchanged a look with his mother-in-law. “We were like, ‘I’d be OK living with you after that sermon,’ and the ball rolled downhill from there,” Longmire said.

Both families are now living in a house they bought together in Chattanooga, Tennessee, after a two-year nationwide search. Their partnership is an example of the lengths first-time homebuyers have gone to this year amid stubbornly high home prices and interest rates…

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