A Housing Market Crash Could Hit These 20 Cities The Hardest
While mortgage interest rates have recently increased and home prices have reached record heights in the past few months, first-time home buyers are being squeezed out of the market. Home prices are now 34 percent higher than they were two years ago, with prices that have continued to grow month-on-month in April, according to data published by the Federal Housing Finance Agency (FHFA) on Tuesday. But while the housing market is bad for buyers all over the country, home prices have grown disproportionately in certain areas, leading some to raise concerns of a potential housing market crash....