Homeownership Dreams on Hold | San Antonio News

San Antonio News Today | 2 Min News | The Daily News Now! · Aug 7, 2026 · 2m

Homeownership is slipping out of reach for most Americans as median incomes can’t keep up with soaring housing costs—now requiring nearly $110K annual income to afford the average home. With mortgage rates climbing past 6%, monthly payments have ballooned, and many homeowners are stuck in low-rate deals, unwilling to refinance. Fewer homes on the market, rising property taxes, and inflation-driven construction delays are keeping prices stubbornly high. While new federal legislation aims to speed up housing supply, the shortage remains a massive hurdle for dreamers of owning a home. Listen in…