Report aired on 4/29/24
Claire Murray has been renting for Almost a decade the 30-year-old Pharmaceutical researcher says she can Afford to buy a home but isn't sure it's The right investment for her I have seen The economy change I have seen the house Market really Bloon up um in a way that Kind of scares me from buying a home Right now home ownership has become so Expensive that renting a home is now Cheaper than buying one in all 50 of the Largest US cities according to a new Report from bank rate buying a home is Pretty expensive due to high mortgage Rates high home prices and there's also A lot of competition in the market Because there is low inventory