Do you live in a money pit?
Interest rates are through the roof so people are NOT moving.
In a new report, researchers examined median 2022 home prices in 575 US counties and found 99% of prices were beyond the reach of the average income earner making $71,214 per year, per CBS News.
-A major reason - interest rates
"they’re at their highest level in nearly 23 years"
-A 30-year fixed-rate mortgage averaged 7.31%
Pete and Lisa go through the list of your most expensive house repairs
Photo Courtesy: Homeserve