Watching Your Wallet: How rising costs are impacting homeownership goals

A new Experian housing affordability report finds that rising costs are forcing many Americans to adjust their plans for buying a home. The company says 59% of surveyed consumers are taking steps to manage everyday expenses, while nearly one-third have postponed major life events because of housing costs. Homeownership remains a goal for about two-thirds of respondents, though many expect to wait three to five years.