NAR’s 2023 International Sales Report: 23% in Fla.
International buyers face the same challenges as domestic buyers: Transactions were down 9.6% year-to-year, and the number of homes sold (84.6K) declined 14.2%.
More than a Quarter of U.S. Homeowners ‘House Poor’
House-poor families spend more than 30% of their monthly income on housing. Hialeah, Fla., is No. 1 in the nation, with 59.3% of households considered house poor.
How To Know If You’re Ready to Buy a Home
If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice you’ll make.
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