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Washington Post: “Many first time home buyers are struggling to break into the U.S. housing market as prices continue to rise. Since 2019, home prices have surged 54 percent. In the last year, prices increased 5.8 percent — a more steady rise after the volatile years of the early pandemic, according to a Washington Post analysis of home value data from the mortgage technology division of Intercontinental Exchange (ICE).
But high interest rates, low inventory and years of price jumps continue to challenge Americans buying homes. Prices vary widely depending on where you live. Enter your Zip code below to see how the market value of the average home in your area has changed…”