Are Buyers Stretched Too Thin?

With a nationwide inventory shortage, home prices are spiking, spurring bidding wars in tough-to-negotiate sellers’ markets—and yet, these conditions are not dissuading buyers from throwing their hat in the ring, even if that means stretching themselves thin to reach that homeownership goal.
According to a CoreLogic study completed for The Wall Street Journal, around one in five conventional mortgage loans given out this past winter were allocated to borrowers who are spending over 4