Yahoo! News
npub12gl…agp2
2025-01-10 14:33:49
Author Public Key
npub12gl86kmf4x9fcvm5zpvnfjjz4gfjge09lzvhzvf8l77ggdfjj3wqjhagp2Published at
2025-01-10 14:33:49Event JSON
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"Americans have had a sudden change of heart about buying a house, and only 1 in 5 think it’s a good idea"
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"The housing market is experiencing a significant decline in sentiment, with only 21% of Americans believing it's a good time to buy a house. This is the lowest sentiment recorded since 1978. The main reasons for this decline are high interest rates and soaring prices, which are making it difficult for people to afford homes. The median home price has increased to $436,800, and interest rates have risen substantially over the past year, curbing affordability. The survey also found that younger buyers are deferring their home ownership dreams due to economic uncertainty."
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