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Many Priced Out Of Homes Market
The nation’s housing boom may be turning to a bust as high costs and scarce mortgage funds price out buyers. Rising prices, increased down payments, and shorter mortgage terms squeeze hopeful homeowners across the United States, with buyers in New York suburbs and Hawaii facing steep increases and limited affordable options.
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
Atlanta
Pat Gillentine
Salt Lake City
Hawaii
George Morris
Honolulu