at all. With the average new home price tag at just shy of $450,000 and high mortgage interest rates, it is certainly no surprise that people would shy away. I mean, would YOU be able to afford a $3,500.00 a month mortgage? Not many of us could…
US construction of new homes dropped to a four-year low last month as would-be homebuyers remain put off by the market’s high prices and persistently elevated mortgage rates.
