Posts from July 25th, 2025

So your kid wants to buy a home, and you're thinking about stepping in to help. Good news: you're not alone. Bad news? If you do it the wrong way, it can trigger taxes, tension, or both.

Today's first-time buyers are facing a tough combo—stubbornly high prices, steep interest rates, and fierce competition. In the Tampa Bay area especially, where home values have remained strong even as rates climb, it's getting harder for younger buyers to break in.

The average down payment nationwide climbed to $63,000 in 2024, and monthly mortgage payments are still hovering near record highs. A recent Redfin survey showed that nearly 1 in 4 Gen Z and Millennial buyers relied on family support—through a cash gift or inheritance—to make homeownership happen.

And while "nepo-homebuyer" might be trending online, let's be real: helping your ki...

Click Here to Read More...