Real Estate
Cash-Stretched New Homebuyers Are Drawing a Line at Fixer-Uppers
Single family homes in San Marcos, Texas.
Photographer: Jordan Vonderhaar/BloombergThis article is for subscribers only.
For homebuyers trying to crack into a tough US housing market, it would seem like relief is here: New listings are on the rise.
The quality of properties, however, is on the decline. Sometimes shockingly so.