Home Prices Would Need To Fall This Much for Buyers To Get a Break

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Home Prices Would Need To Fall This Much for Buyers To Get a Break

Since home prices shot into the stratosphere, many first-time buyers have prayed for them to fall so that they could afford to become homeowners. Their wishes appear to have been granted—and yet, they’re caught in a paradox: Even as prices have begun to dip, the cost of purchasing a home has risen. A lot. The…
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