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Skipping Meals to Buy? Will home prices ever drop??
Manage episode 413051881 series 3067234
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We're exploring the tough sacrifices many Americans are making just to afford housing—from skipping meals to working overtime. Discover why a growing number of renters believe homeownership might forever be out of their reach, as nearly 40% think they'll never own a home, a significant increase from last year.
Tune into this week's episode of "This Week in Real Estate" for a deep dive into the current state of the housing market. We'll also discuss the alarming trend in San Francisco where nearly 20% of home sellers are taking a loss, starkly contrasting with the national average. Plus, get insights into the persistent high costs for buyers amid record-setting monthly payments fueled by ongoing inflation pressures.
Stay updated on the latest industry movements: Housing starts are down due to rising interest rates and financing worries, yet builder and remodeling market sentiments are holding steady. Learn about the legal landscapes shifting beneath real estate transactions, including a Supreme Court denial that impacts HomeServices of America and new commission lawsuits that could attract federal scrutiny.
Whether you're a homebuyer, seller, or industry professional, this episode provides crucial insights into navigating today's complex real estate market. Join us for expert analysis and discussions that could help you make informed decisions in this turbulent market.
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