【CNBC】Home valuations are rising faster than incomes. Here’s why that could hurt homeowners’ wallets
【CNBC】Home valuations are rising faster than incomes. Here’s why that could hurt homeowners’ wallets
2024.08.05
焦點新聞
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市場趨勢
美洲
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- Home prices have been rising faster than incomes, which can be a problem for homeowners because as the value of a home rises, so does the cost to maintain it.
- Property taxes and home insurance rates are rising, influenced by inflation and the increase in catastrophic weather events.
- More than 1 in 4 homeowners with mortgages are considered “cost-burdened,” according to a 2023 analysis by the Chamber of Commerce.
