Stephen Bisaha
👤 SpeakerAppearances Over Time
Podcast Appearances
Even more surprising is to see more than half of millennials and a third of Gen X saying they're more dependent on their parents.
Which is really quite sad, but not hopeless.
Not only do the older generations want to leave an inheritance, but younger generations are kind of expecting a bit of an inheritance.
There are some positive signs.
Contract signings for homes were up 4.5% year over year.
But signings in April are still about 9% lower than they were four years ago.
Wesley Harvey is a real estate agent in Nashville.
He says demand picked up when average mortgage rates fell below 6% in February.
But the war against Iran has set those rates back up.
Mortgage rates are now about 6.5 percent, their highest level since August.
The cost to fill up her Silverado in Birmingham, Alabama makes Mary Kaiser numb.
Chris Covey's visiting family and says gas has not affected his driving yet.
The place where I'm starting to notice it is the price of groceries because a lot of things are trucked into where I live in Arizona.
Gas prices started dropping about two weeks ago with hopes these Strait of Hormuz would reopen.
But Aixa Diaz with AAA says with no clear end to the war in sight, prices are climbing back up.
Overall, gas prices are up about 44 percent since the war began more than two months ago.
He's been preparing all his life for moments like this.