Real Estate

Why home payments are skyrocketing


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More than 80% of recent homebuyers say they regret their purchase, according to a recent survey from Clever Real Estate. 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 insurance premiums have been rising at a rapid rate, influenced by inflation and the increase in catastrophic weather events.

08:47

Fri, Aug 2 20246:00 AM EDT



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