Published on: 10/28/2025
This news was posted by A-C Crazy BBQ
Description
Among those hardest hit are seniors on fixed incomes and people with disabilities. For those who can afford it, Stevenson advises that now could be the time to act. With demand cooled, prices could climb again as soon as rates fall.
"If you could afford to buy now, then you can refinance in three or four years' time, and reduce those monthly costs, and I think, sort of be in a better position," he said.
For many families, however, the American dream of homeownership is shrinking. According to the National Association of Realtors, only about 20% can now afford a median-priced home – a multi-decade low. Without policy shifts or a market correction, experts warn that the dream will continue to slip further out of reach.
News Source : https://cmsedit.cbn.com/cbnnews/us/2025/october/housing-crisis-deepens-as-homeownership-slips-out-of-reach-for-millions
Other Related News
10/29/2025
As a mom to 3 little boys I constantly look for new and creative ways to keep them ent...
10/29/2025
By Samantha Kamman Christian Post Reporter Wednesday October 29 2025Demonstrators gather...
10/29/2025
By Ryan Foley Christian Post Reporter Wednesday October 29 2025Boston Celtics Head Coach...
10/28/2025
WASHINGTON A new exhibit at the Museum of the Bible featuring the oldest-known complete ...
Follow
Download Our App
Copyright 2022 © Pro Preview. All Rights Reserved