Homes.com Roundup Features Hometap Insights on Rising Costs & Homeowner Stress

In a survey from financial technology firm Hometap, more than half of the homeowners said they feel financial stress over rising housing costs.

Of the 1,000 homeowners polled, nearly 55% reported feeling "moderately to extremely financially stressed," and 45% said "rising homeownership costs are their top financial concern for the year ahead."

“Homeownership is meant to provide stability, but for many, that is no longer the reality,” Jeffrey Glass, CEO of Hometap, said in a statement. “Our survey confirms what we hear from homeowners every day: Rising costs are making it harder to manage day-to-day expenses, plan for the future, and navigate life’s financial ups and downs.”

This article originally appeared in Homes.com. Read the full article here.