: Rising property taxes and homeowners' insurance premiums (especially in hurricane or flood-prone areas) are adding hundreds of dollars to monthly payments. 3. Regional Variations
: Single-family housing starts are expected to see only slim growth (roughly 1%) as builders face high construction and financing costs. 2. Affordability and Costs Affordability is the single biggest hurdle for most buyers. is it hard to buy a house
The market is currently undergoing what some experts call a transition toward a more balanced state where buyers have more negotiating power and time to make decisions. 1. Market Supply and Demand : Rising property taxes and homeowners' insurance premiums
: Sticker prices are expected to rise modestly by 1.2% to 2.2% . However, because incomes are growing faster than home prices, "real" affordability is technically improving. "real" affordability is technically improving.
The difficulty of buying depends heavily on geographic location.