Wednesday, August 6, 2014

Are Potential HomeOwners Shrinking?

Are Potential HomeOwners Shrinking?
Rising home prices aren’t the only thing that may give buyers sticker shock:
While 'price-out' numbers were high at the national levelNAHB noted the number of households affected varied from area to area depending largely on population, income distribution, and local new home prices.Mortgage closing costs have soared nearly 6 percent over the past year, according to a new survey by Bankrate. Rising Closing Costs Pinch Buyers' Wallets.

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