The Myth of the 'Forever Home' in the US Housing Market: Factors Influencing Renters' Decision to Continue Renting Instead of Buying Homes on Nostr: Renters' Outlook for Buying Their Own Home Dims as Expectations of Homeownership Drop ...
Renters' Outlook for Buying Their Own Home Dims as Expectations of Homeownership Drop to a Series Low
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#b15ff15f ver:0.12
Renters' hopes of homeownership are fading as expectations hit a record low, according to a survey by the Federal Reserve Bank of New York. The study found that most renters find it difficult to secure a mortgage, with 74.2% believing it's challenging. Renters' self-assessed probability of owning a home also reached a series low at 40.1%. Rising home prices, increasing mortgage rates, and limited inventory are contributing to the dim outlook. #Renters #Homeownership #HousingMarket...
#newstr #Renters #Homeownership #Mortgage #HousingMarket #Inflation #RentPrices #MortgageRates #Refinancing
https://here.news/story/b15ff15f?ver=0.12
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#b15ff15f ver:0.12
Renters' hopes of homeownership are fading as expectations hit a record low, according to a survey by the Federal Reserve Bank of New York. The study found that most renters find it difficult to secure a mortgage, with 74.2% believing it's challenging. Renters' self-assessed probability of owning a home also reached a series low at 40.1%. Rising home prices, increasing mortgage rates, and limited inventory are contributing to the dim outlook. #Renters #Homeownership #HousingMarket...
#newstr #Renters #Homeownership #Mortgage #HousingMarket #Inflation #RentPrices #MortgageRates #Refinancing
https://here.news/story/b15ff15f?ver=0.12