Young Homebuyers Scramble as Prices Rise Faster Than Incomes A new price sign sits in front of a house on Nov. 27, 2007 in Glendale. (Credit: David McNew/Getty Images)

SALT LAKE CITY (AP) – For millennials looking to buy their first home, the hunt feels like a race against the clock.

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In the seven years since the housing crash ended, home values in more than three-quarters of U.S. metro areas have climbed faster than incomes, according to an Associated Press analysis of real.

For a lot of family drivers big is better, and for the most part, in spite of the cost.

12 Negotiation Tips When Buying a House! SALT LAKE CITY (AP) – For millennials looking to buy their first home, the hunt feels like a race against the clock.In the seven years since the housing crash ended, home values in more than three-quarters of U.S. metro areas have climbed faster than incomes, according to an Associated Press analysis of real estate industry data provided by CoreLogic.That gap is driving some first-timers out.

Nationally, home prices since 2000 have climbed at an annual average rate of 3.8%, according to the data firm CoreLogic, while average incomes have grown at an annual rate of 2.7%. And in the metro areas with the strongest income growth – for example, parts of Silicon Valley – home prices have risen even faster.

Nationally, home prices since 2000 have climbed at an annual average rate of 3.8 percent, according to the data firm CoreLogic, while average incomes have grown at an annual rate of 2.7 percent. And in the metro areas with the strongest income growth – for example, parts of Silicon Valley – home prices have risen even faster.

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In the seven years since the housing crash ended, home values in more than three-quarters of U. S. metro areas have climbed faster than incomes, according to an Associated Press analysis of real.

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Nationally, home prices since 2000 have climbed at an annual average rate of 3.8%, according to the data firm CoreLogic, while average incomes have grown at an annual rate of 2.7%. And in the metro areas with the strongest income growth – for example, parts of Silicon Valley – home prices have risen even faster.