Interest rates have risen, yet this couple wants their 'American Dream Home' by the beach

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'American Dream Home,' hosted by Cheryl Casone of Fox Business, followed one couple who were determined to find the right beach house for their family in Galveston, Texas, even in a tough market.

Cheryl Casone assists Donna and Barry in finding their dream home for their family by the beach in Galveston, Texas."American Dream Home" has visited this coastal city twice before. desperate to stay within their affordability metrics. The Federal ReserveThis affects everything we use in this country, from our credit cards to our mortgage loans and our automobile loans.

Houston developer Satya will be building a 10-story condominium building in the Galveston area — the first beachfront project in 15 years.Galveston is a somewhat competitive housing market, but that is why "American Dream Home" has filmed there several times. A view of the beach in Galveston, Texas. Even as mortgage rates have risen, some homes are still getting multiple offers in hot markets.

That's something to consider as mortgage rates have risen, making buying a home less affordable, not more.likely priced right go into contractMany housing markets in the country are very competitive — and in places like Miami, lower income buyers are being priced out.

 

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BUT WHY…with all that global warming and rising ocean levels…why would they…OMFGODDESS…why…why…seriously though, build away no one cares

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