The housing market has continued to give prospective buyers headaches from high rates to soaring prices. Homeownership remains a quintessential part of the American Dream, but more individuals and families are finding that goal elusive. While many buyers have found themselves stuck in real estate no man’s land, personal finance expert and "What Should I Do with My Money?" author Bryan Kuderna explained how to know when it is time to buy a home in a Fox News Digital exclusive.
Kuderna outlined several key questions homebuyers should ask themselves before committing to the long-term purchase. "We've all seen in the news how quickly the prices of homes are rising across the country. But we're also seeing how rent is also going up very rapidly, even faster than the rate of wage increases. So that begs the question: when is the right time to move from a tenant to a homeowner?" Kuderna posited.
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