In a Redfin survey, more than 28 percent of respondents said that home prices are rising or are too high. Millennials are even more worried about affordability, with 32.5 percent reporting it as their chief concern and 10.3 percent saying they might not have money for a downpayment. READ MORE
Home Buyers, Especially Millennials, Have Affordability Concerns
Advertisement
Top Articles
Advertisement
Advertisement
More in Category
Delaware-based Schell Brothers, our 2023 Builder of the Year, brings a refreshing approach to delivering homes and measuring success with an overriding mission of happiness
NAHB Chairman's Message: In a challenging business environment for home builders, and with higher housing costs for families, the National Association of Home Builders is working to help home builders better meet the nation's housing needs
Sure there are challenges, but overall, Pro Builder's annual Housing Forecast Survey finds home builders are optimistic about the coming year