As essentially all things related to home buying seem to be increasing in cost, it’s no surprise that the number of potential home buyers is falling. What is a surprise, however, is the rate of the plunge. The National Association of Home Builders reports that only 13% of Americans now say they plan to buy a home within the next 12 months. That marks the third straight quarter of declines, and is down by almost half of the number seen at the end of 2017.

Would-be Homebuyers
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November 19, 2018