WXXI AM News

Connections: How the booming local real estate market presents challenges for first-time homebuyers

May 27, 2021

Local real estate agents say the booming market is making it difficult for many first-time homebuyers to participate. With homes selling for well over asking price, many buyers are being pushed out of the process.

This hour, we build on a conversation we had on the program last week, in which we discussed how these trends in the market are leading to gentrification in some areas. We hear from a first-time homebuyer regarding the challenges she's faced, and we talk to a real estate agent about what she's seeing in the Rochester market. Our guests: