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The consequences of higher premiums may include lower net operating income, failed deals and declining valuations.
Two-thirds of 2024 grads settled in the 21 largest talent hubs.
The most popular city for prospective homebuyers who research properties online is midsize and midwestern.
Home prices across the nation are overvalued, in many cases by more than 10%, according to Fitch Ratings.
Both rent and housing costs escalated in 2023, but rents are rising faster.
However, homeownership is still the preference of the majority.
The worst affected market was Boise, Idaho, where the cost of a home fell 15.4% in the year.