The current housing affordability landscape offers little relief for home buyers. With elevated mortgage rates and ongoing positive price growth likely outpacing income growth, the market remains challenging. But there’s hope on the horizon—things are looking brighter beyond this year. Check out the latest Real House Price Index report. (link in the first comment) #FirstAmEcon #Housing #RealEstate
This is disturbing, and to add insult to injury, financing is also requiring 20% down payment on a house today. The American Dream of home ownership is diminishing and as a people must do something about it. Thank you for this insightful post.
https://firstam.us/45Oyz2M