Is the Housing Market Going to Crash? With Rising Mortgage Rates and Sky-high Home Prices, First-Time Buyers Are Being Locked Out

Is the Housing Market Going to Crash? With Rising Mortgage Rates and Sky-high Home Prices, First-Time Buyers Are Being Locked Out


When Kellie Stofko and her fiancé, Liam McRae, began home searching final August, it was with the imaginative and prescient of buying and selling their 800-square-foot Atlanta condominium for a roomier residence of their very own in time for the vacations.

Half a 12 months, dozens of residence excursions, and eight unsuccessful bids later, Stofko, 25, and McRae, 26, have moved to the sidelines. “This has been the most stressful six months of my life,” Stofko says, including that she and her fiancé delayed marriage ceremony planning to concentrate on their in the end unsuccessful seek for a house.


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