First-time home buyers feel the squeeze

High interest rates, high home prices and availability all factors

 

May 1, 2023

Add another factor into the challenge of attracting workers and families to North Dakota: the lack of affordable, modern, quality homes.

With home prices at historic highs and interest rates double what they were a year before, first-time home buyers searching for a place to call their own are in the grip of a squeeze that shows no signs of loosening any time soon.

With those high costs, and t...



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