The median existing house price increased 3.4% from a year earlier to $391,800, the highest for any October.

  • skuzz@discuss.tchncs.de
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    1 year ago

    Hey, FWIW, there are even blockers to maintaining homeownership now. Property taxes in some locations keep skyrocketing, making the attempt of just sitting still in one’s home become less and less attainable. I’ve seen those in retirement/fixed income having to sell their house and leave where they live due to the static cost of living climbing too high to be able to continue to afford. Every kind of home maintenance cost has exploded since 2020, further stretching the ability for one to sit still and live.

    Just straight existing seems to be increasingly challenging. It’s annoying and unacceptable.