If you don’t already own a home, it may seem more difficult than ever to purchase one. In less than two years, home prices, illustrated on the chart below, have increased 32.9%. As someone struggling to get into a home myself, it doesn’t feel like the market will ever slow down. If you already own a home and locked in a low interest rate, the current state of the housing market might not even be noticeable for you and your family.
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