Summary: <p>If you are renting but planning on buying a home soon recent data suggests you are falling further behind.</p> <p><br></p> <p>The gap is widening to afford your first home.</p> <p><br></p> <p>We review national data that shows how much time an average renter needs to save up for a 10% downpayment on a median home around the country.</p> <p><br></p> <p>It's a lot longer than you would have imagined!</p> <p><br></p> <p>Plus the gap is getting bigger so if you know someone who is renting that wants to buy, you may want to share this information with them!</p>
