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Why affording a home is becoming more difficult

· 01.04.2024 · 20:57:09 ··· Montag ⭐ 0 🎬 0 📺 Yahoo Finance
According to a study by Zillow, home prices have risen 42% since 2020 and average homebuyers would need to earn 80% more at that time to afford a home. Currently, prospective homebuyers are having to juggle more cost pressures as they navigate the real estate market.
Yahoo Finance Personal Finance Editor Molly Moorhead joins Wealth! to discuss inflation's influence on rising home prices as the Federal Reserve considers interest rate cuts, outlining advice for buyers on their homebuying journey.

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