Americans are starting to get worried about the 'new housing crisis'

Americans are catching on to the rise in home prices. The gap between the demand for new homes and the supply coming onto the market, which we've dubbed "the new housing crisis," has caused prices to soar and priced out many first-time homebuyers. In fact, San Jose became the first city in the US to have a median house price of $1 million for a single-family home in the second quarter, according to the National Association of Realtors. According to Friday's University of Michigan Consumer Sentim...