The Hidden Costs Of Delaying Homeownership

Posted: June 2, 2026 | Source: lombardohomes.com

A recent Lombardo Homes report examining the hidden costs of delaying homeownership found that 77% of Americans believe waiting to buy a home has financial consequences, while 76% say renting prevents long-term wealth building. Among renters delaying a home purchase, the top reasons are high home prices (84%), lack of savings for a down payment (67%), and rising interest rates (61%).

The financial pressure appears to be growing as well: 81% say their housing costs have increased over the past three years, with 26% reporting increases of $300 or more.