Unique Home Buying Strategies in a Challenging Market
Are today’s home prices, rising interest rates, or just the general sense of “I’m not ready yet” weighing on your heart?
You’re not the only one feeling that way.
According to the 2025 NextGen Homebuyer Report, nearly 60% of Millennial and Gen Z buyers believe homeownership is possible—but only 1 in 5 think now is a wise time to buy.
So how are faithful, future-minded buyers responding? They’re getting creative—and prayerful.
For many people today, the path to homeownership doesn’t look like what our parents experienced. It’s not always a white-picket-fence journey.
Let’s explore four alternative paths many believers are walking in 2025—and whether one might be a next step for you.
1. Buying a Fixer-Upper
Used by: 42% of buyers surveyed
Best for: Those with time, vision, and basic DIY skills
Less ideal for: Those needing move-in ready or with tight reno budgets
Buying a home that needs restoration can be a deeply rewarding process—transforming something broken into something beautiful. It can also help you get into a neighborhood you might not otherwise afford.
Pros:
Lower purchase price than turnkey homes
Potential for quick equity growth
Freedom to customize as you go
Cons:
Renovation costs can be unpredictable
May require permits, delays, and inspections
Not all lenders support fixer-uppers—look into FHA 203(k) or similar
2. Co-Buying With Loved Ones
Considered by: 21% overall, 32% of Gen Z
Best for: Those with close, financially responsible relationships
Less ideal for: Those without clear agreements or trust
More and more young believers are rediscovering the power of shared burdens and mutual support. Buying with friends or family can be a way to live out Acts 2:44 in a practical way.
“All the believers were together and had everything in common.” – Acts 2:44
Pros:
Shared down payment and expenses
Bigger buying budget = better options
Built-in support system
Cons:
Relational strain if expectations aren’t clear
Legal complications without formal agreements
Complex exit strategies—plan ahead
Faith Insight: Co-buying can be an incredible testimony of shared stewardship—but proceed with wisdom. Draft a co-ownership agreement with clarity, grace, and godly counsel to prevent confusion later.
3. House Hacking
Used by: Nearly 19% of buyers
Best for: Those comfortable managing space and people
Less ideal for: Those desiring complete privacy or simplicity
House hacking is when you purchase a property that includes a rentable space—like a basement apartment or guesthouse—and use that income to offset your mortgage.
Think of it as letting your home work for you—while also potentially blessing others with a place to stay.
Pros:
Generates income to help pay your mortgage
Can ease financial pressure while building equity
Opens doors to long-term wealth and ministry
Cons:
City zoning laws may restrict rentals
Tenant relationships require maturity and boundaries
Increased insurance and planning needs
Faith Insight: House hacking isn’t just about financial strategy—it’s about hospitality. With the right heart and the right setup, it could be an avenue to serve others while securing your future.
4. Relocating to a More Affordable Area
Considered by: 47% of buyers
Best for: Remote workers, flexible households, or those priced out locally
Less ideal for: Those anchored to a specific school, church, or job
Moving to a more affordable region is becoming one of the most common—and strategic—ways to step into homeownership.
Pros:
Your budget stretches much further
Lower property taxes and cost of living
Opportunity for a fresh start or long-term investment
Cons:
Might require job changes or long-distance planning
Loss of proximity to family or church
Unfamiliarity with the new community
Final Encouragement: Walk Forward in Faith, Not Fear
In a world full of uncertainty, God's promises are steady. There’s no single path to homeownership, but there are wise choices available.
Whether you're considering partnering with a loved one, fixing up a “diamond in the rough,” or stepping out into a new city, remember this: you're not walking alone. With prayer, planning, and the right partners, you can find the home that aligns with both your budget and your calling.
“Commit your plans to the Lord, and they will succeed.” – Proverbs 16:3
