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Soaring Home Prices Inhibit Sales
The nationwide housing boom cools as high costs and scarce mortgages push buyers out. Prices rise. down payments and 30 year loans tighten. NHBA cites rising land and building costs. agents report few affordable homes near city centers.
MENTIONED IN THIS ARTICLE
New York
Rory Butler
National Homebuilders Association
NHBA
Michael Sumichrast
Connecticut
Bruce Lake
Bethlehem Steel
New Jersey
Washington
Center City
U.S. Census Bureau
Associated Press
Ginny
Riley Gibson
Montgomery
Ala
Houston
Atlanta
Pat Gillentine
Salt Lake City
Hawaii
George Morris
Honolulu Board of Realtors
Grant
Hillsborough
Calif
Bing Crosby
U.S. Department of Labor
Bureau of Statistics
Federal Home Loan Bank
Catherine Martini