For years, it seemed like home prices only knew one direction—up. From young couples frantically outbidding each other at open houses to retirees watching their home equity climb to dizzying new heights, the housing market was on a tear. But something has shifted this month. Across major cities and sleepy towns alike, "For Sale" signs are lingering a little longer, price reductions are cropping up more frequently, and real estate agents are getting fewer calls. Homeowners and hopeful buyers alike are asking the same question: why have house prices fallen? To understand the answer, you only have to step into the shoes of an average working family. Take Ben and Laura, for instance. They’ve been saving for five years, cutting corners on vacations and eating out less. When they finally got pre-approved for a mortgage back in January, their budget was tight but workable. Fast forward to now, and their monthly mortgage estimate has nearly doubled—without any change in their income...