The Ultimate Truth about Housing Affordability

The Ultimate Truth about Housing Affordability There have been many headlines decrying an "affordability crisis" in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means.

It is nearly impossible for a new home builder to profitably build a low-price-point home, so much of the demand is flocking to existing affordable. The truth is, real estate is a gigantic industry.

Hence, the “Keep America Great” slogan – the ultimate status quo message. For every American who thinks things aren’t great now (student debt? medical costs? unaffordable housing? international chaos?.

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Based on historic home affordability data, that means homes are more affordable right now than any other time besides the time following the housing crisis. With mortgage rates remaining low and wages finally increasing, we can see that it is MORE AFFORDABLE to purchase a home today than it was last year!

The Ultimate Truth about Housing Affordability Thursday May 30th, 2019 Wednesday May 22nd, 2019 simplify First Time Home Buyers , For Buyers , For Sellers , Housing Market Updates , Move-Up Buyers

1 day ago. The second crisis is that in a few key places – the places that tend to have the best opportunity for people to get well-paying jobs – there.

The Ultimate Truth about Housing Affordability. by Brandon Lamar | May 30, 2019 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers. There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had.

The Ultimate Truth About Housing Affordability Posted by Gabby Bauer on Tuesday, June 18, 2019 at 4:00 PM By Gabby Bauer / June 18, 2019 Comment There have been many headlines decrying an “affordability crisis” in the residential real estate market.

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"The fact that we’ve got a lot of people that can’t afford housing is a problem, but that’s a symptom of another issue," Peterson explained. "Is it that wages aren’t affordable? Are we not building.

The Ultimate Truth about Housing Affordability. There have been many headlines decrying an "affordability crisis" in the residential real estate market. Home

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