Housing Crisis Havens: 3 Stocks to Shelter Your Wealth
CostcoCostco(US:COST) InvestorPlace·2024-04-09 19:06

The U.S. housing market looks to be on shaky ground. Lofty mortgage rates have set a high bar for first-time buyers to enter the housing market, with many consumers finding it difficult to qualify for a mortgage as rates are currently near 7%. At the same time, a lack of housing supply across America has pushed home prices to near-record levels. The National Association of Realtors (NAR) reports that the median price of a home in the U.S. of $384,500 seen in February of this year is not far from the all-tim ...