Is it Time to Give Up On Trying to Buy a Home?

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 16 November 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Amid elevated mortgage rates and low inventory, many prospective homebuyers have decided to spend their new-home savings elsewhere. WSJ reporter Rachel Wolfe joins host J.R. Whalen to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:34.4	slash Wall Street.
0:35.8	That's Oracle.com slash Wall Street.
0:38.6	Hey your money briefing listeners, this is J.R. Whelan.
0:42.2	Here at YMB
0:43.8	were all about bringing you important personal finance and career news to help you
0:47.8	make better decisions about your money but we want to learn more about you.
0:51.3	What are the biggest challenges you face in your household budget?
0:55.6	If you're listening on Spotify, look for our poll under the episode description,
1:00.0	or you can send us an email to YMB at W.S.J.
1:05.0	That's YMB at W.S.J.
1:08.4	dot com.
1:09.6	Now, onto the show. Here's your money briefing for Thursday, November 16th.
1:17.0	I'm J.R. Whelan for the Wall Street Journal.
1:20.0	Many Americans who included buying a home as part of their American dream are facing a
1:27.5	rude awakening. Amid mortgage rates inching toward 8% and a limited number of homes available.
	...

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