Is the Housing Market Going to Crash? With Rising Mortgage Rates and Sky-high Home Prices, First-Time Buyers Are Being Locked Out

When Kellie Stofko and her fiancé, Liam McRae, started house hunting last August, it was with the vision of trading their 800-square-foot Atlanta apartment for a roomier home of their own in time for the holidays.

Half a year, dozens of home tours, and eight unsuccessful bids later, Stofko, 25, and McRae, 26, have moved to the sidelines. “This has been the most stressful six months of my life,” Stofko says, adding that she and her fiancé delayed wedding planning to focus on their ultimately unsuccessful search for a home.

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