This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.
A lack of affordability means sales are sinking in these markets. WorldTraveler_1 / Shutterstock.com
Today’s home shoppers are learning a tough lesson: Even if you want to buy a home, you cannot always afford to do so. Pending home sales dropped 13% nationwide year-over-year for the four weeks that ended on Sept. 17, according to a new report from real estate brokerage firm Redfin. Mortgage rates that haven’t been this elevated in two decades and climbing property prices mean today’s housing…
More from my site
3 Staples of Boomer Money Advice You Can Safely Ignore
Here’s What Happens When You Only Invest in Mutual Funds in Your 401(k)
Got a Big Raise in 2023? You May Want to Make This Important Move
My 3 Biggest Financial Wins of 2023
Here’s What I Did When I Accidentally Paid My Credit Card Late
Charged Your Holiday Purchases on a 0% Interest Credit Card? Here’s Your Game Plan
