2 Reasons Homeownership Is Costlier: Why Buy Anyway? | Marta Bustamante Bilingual REALTOR® Connecting People, Homes, and Community. Realty ONE Group Integrity 520-256-5625

High mortgage rates create a “lock-in effect,” discouraging current homeowners from selling their properties.
2. Home prices have surged, driven by inflation and limited housing supply, sidelining many potential buyers.