Parents are increasingly helping their kids buy their first home and for many families, it’s becoming less of a luxury and more of a strategy 🏡
A recent survey found that 74% of parents would consider financially helping their children purchase a home. And in 2025, 22% of first-time buyers used a gift or loan from family or friends for their down payment.
For some families, that support comes from tapping into home equity through a HELOC, home equity loan, or cash-out refinance. In today’s market, that extra help can make the difference between continuing to rent or finally becoming a homeowner.
There are risks, of course, and every family’s financial situation is different. But one thing is clear: family support is becoming a much bigger part of the homebuying conversation.
Studies continue to show that buying earlier in life can significantly increase long-term wealth, making homeownership one of the biggest financial stepping stones for future generations. 💰🔑
Read the full article here👇️
https://www.realtor.com/news/trends/parents-use-home-equity-help-kids-buy-house/?cid=eml__1946:66e221571a4446d4e6969d41:rm202605081030_Marketing_Consumer_Daily_EditorialRSSDynamic&deeplinkIdentityId=589ce411-bc81-42d5-aaa4-8755cd5cfdaf
