Millennials are hungry for homes, but high rates are keeping them from buying
Briefly

Home sales are still down from last year...activity likely won't bounce back until interest rates start coming down.
Although the country has 70 million more people than in 1995, existing home sales...are now at levels seen in that year.
Rates matter because monthly payments are running about 80% higher for the exact same home than they were prior to the big jump in mortgage rates.
Her forecast calls for a 5.7% gain nationally...even if sales aren't picking up steam, home prices are.
Read at www.denverpost.com
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