Navigating first-time home buying in 2024
![Realtor Nene Matey-Keke leaves a home after a showing on Westminster St.](https://img.apmcdn.org/8e4b6e1e5f0865f8739625e39644c641d0dd2a48/uncropped/e93d9f-20170614-housing-market07.jpg)
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New home buyers are facing a tough market, snarled by high home prices and high interest rates.
Real estate took off during the pandemic. These days, home buying has slowed down significantly.
What does that mean for 2024’s first-time homebuyers?
![two people sitting in a news studio](https://img.apmcdn.org/deab2c47d2258433bccc781b50e9ca7c0ce5f0b7/uncropped/a7e7d3-20240603-angela-davis-buying-a-house-01-600.jpg)
Our guests shared advice with MPR News host Angela Davis on how to get on the path to home ownership despite the challenges of today’s economy — including resources such as the First Generation Homebuyers Community Down Payment Assistance Fund.
Guests:
Henry Rucker is associate director of Homeownership and Financial Coaching at Project for Pride in Living. He is also a broker at Banneker Realty and a board member with the local chapter of the National Association of Real Estate Brokers.
Julie Gugin is president of the Minnesota Homeownership Center.
Subscribe to the MPR News with Angela Davis podcast on: Apple Podcasts, Google Podcasts, Spotify or RSS.
Use the audio player above to listen to the full conversation.
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