Buying a home doesn't have to delay your next life milestone. Here's how to achieve your goals.

Core Insights - The Coldwell Banker 2025 American Dream Report reveals that 71% of potential homebuyers are delaying significant life events to prioritize homeownership, with a notable impact on Gen Z, where 84% are postponing important decisions [1][2][3] Group 1: Homeownership's Impact on Life Milestones - Homeownership is seen as a foundation for long-term stability and wealth, influencing the timing of major life milestones such as marriage and having children [2][3] - Many younger individuals misunderstand the requirements for entering the housing market, leading to unnecessary delays in homeownership [3][4] Group 2: Strategies for Achieving Homeownership - Building a home-buying team early can help align life goals with homeownership aspirations, including consulting with mortgage lenders and real estate agents [6][7] - Creating a flexible financial plan with separate savings "buckets" for different goals can facilitate simultaneous progress towards homeownership and other life milestones [9][10] - Co-ownership options, such as joint mortgages with family or friends, can make homeownership more accessible and affordable [12][13] - Redefining what constitutes a "starter home" can allow for quicker entry into the housing market, focusing on more affordable options [15] - Geographic flexibility, including moving to more affordable areas, can significantly reduce costs and expedite homeownership [16][17] Group 3: Financial Preparation and Milestone Sequencing - Strengthening financial profiles through credit score improvements and debt management can enhance mortgage qualification chances [20][21] - Sequencing major life milestones without prioritizing homeownership first allows for a more balanced approach to achieving personal and financial goals [23][24] - Preparing for a longer home-buying journey while continuing to pursue life goals can build a solid financial foundation and readiness for homeownership [25][26]