Survey: Inflation hits hard

More than 70 percent of Americans say inflation, running about 6.5 percent, has affected their plans to buy a home.

The 2023 survey by Real Estate Witch also found that 70 percent of Americans say inflation affected their finances more than the pandemic did.

In addition, the survey found that 45 percent of Americans have no emergency savings and 38 percent think their savings will run out in 2023.