The National Association of Realtors estimates about a million potential first-time buyers have been left on the sidelines because of rising home prices and other factors.
Don’t give up on that dream of a white picket fence just yet.
Half of all millennial buyers are purchasing single-family homes in the suburbs.
President Obama will be in Phoenix today, continuing his national tour focusing on the economy. The president is promoting home ownership for the middle class. But there is tension between Obama's message and the reality for many first-time buyers.