Renting Ranks Supreme as Rising Home-Buying Costs Squeeze Buyers
For many aspiring homeowners, the dream of owning property has been delayed by a relentless combination of high mortgage rates, record home prices, and low inventory. In today’s market, renting has emerged as the most logical choice for countless Americans, particularly first-time and younger buyers. With the Federal Reserve showing no signs of cutting rates in the near term, the path to homeownership remains steep for most.
