Is your latte habit holding you back on your journey to homeownership? A financial expert says yes, according to Realtor.com.

A daily coffee addiction, ride-sharing, dining out and alcohol are all eating into potential savings, according to Pamela Liebman, CEO of The Corcoran Group.

“Stop buying Starbucks coffee; I mean, stop spending money on things that are not necessary. It’s tremendous how fast that little nest egg can add up,” Liebman told Fortune.

With the median down payment for the third quarter of 2025 at $30,400 (according to Realtor.com) and mortgage interest rates near 6%, some prospective buyers are now considering taking the plunge into buying real estate.

Liebman emphasized the importance of cutting unnecessary spending to reach your goal.

“If you look at people who a

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