Why Homeowners Are Struggling To Afford Monthly Expenses

More than 80% of recent homebuyers say they regret their purchase, according to a recent survey from Clever Real Estate. Home prices have been rising faster than incomes, which can be a problem for homeowners because as the value of a home rises, so does the cost to maintain it. Property taxes and insurance premiums have been rising at a rapid rate, influenced by inflation and the increase in catastrophic weather events.

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Produced and Shot by: Charlotte Morabito

Edited by: Nora Rapapport

Additional Camera: Natalie Rice, Emily Rabbideau

Animation: Jason Reginato, Christina Locopo

Supervising Producer: Lindsey Jacobson

Additional Footage: Getty Images

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Why Homeowners Are Struggling To Afford Monthly Expenses