Most aspiring buyers say finances are blocking homeownership
A new FICO survey found that 74% of prospective homebuyers said financial barriers kept them from purchasing a home this year, with high prices and interest rates topping the list. The share rose to 85% among first-time buyers, while nearly 6 in 10 Americans said they do not fully understand the homebuying process.Categories
Recent Posts
AI and home automation expected to reshape daily living within 20 years
Team growth needs more than new agents
Florida metros logged nearly 7,500 new-home permits in June
When a listing lingers, start with the data
VA loan knowledge can open more doors
Saudi Arabia opens property ownership portal to foreign buyers
Florida home sales gain momentum, extend growth streak to 10 months
Mature trees can add to resale value, agent says
Average 30-year mortgage rate climbs to highest level in nearly a year