Yun Takes His Economic Message to Little Rock: When Arkansas Governor Asa Hutchinson convened a homeownership conference to discuss the challenges facing buyers, it was NAR Chief Economist Lawrence Yun who keynoted the Little Rock event. Particularly for first-time buyers, he pointed to college debt and lack of affordable options as the biggest barriers to making a purchase. Arkansas might find opportunity in that, he said, attracting companies looking to relocate to more affordable areas. What about the stereotype that millennials are moving away from an ownership society? "Unfounded," he said. Homeownership remains part of the American dream.
