One thing about markets, they are constantly changing. This is also true in the real estate market. We have seen for a while that the current conditions are challenging to the first  time home buyer. I do not have any indication that this will change in the near future.

It does mean you have to be more creative if you want to buy a home. There are ways you can be successful in achieving your goals.

I do believe a lot of  potential first time homebuyers just give up. I also think this is a major reason the rental market continues to be tight. By that I mean fewer amounts of inventory and raising prices.