Purchasing a home is a significant milestone for many individuals, but the path to homeownership is not without its challenges. A recent survey by Clever.com reveals that 77% of future homebuyers have already commenced saving for a down payment. However, the majority of these potential buyers are planning to put down less than the traditional
Real Estate
The U.S. Census Bureau reported a 4.7% drop in newly built home sales in April compared to March. Additionally, sales fell by 7.7% year-over-year, highlighting the challenges faced by the housing market. The decline in sales can be attributed to the impact of higher mortgage rates on prospective buyers. March sales figures were also revised