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. On a monthly basis, the National Association of Realtors (NAR), produces a 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.

The Ultimate Truth about Housing Affordability | MyKCM. There have been many headlines decrying an “affordability crisis” in the residential real estate market.

They’re two of the many residents feeling the squeeze as metro Phoenix is in danger of losing its title as the most affordable. “The truth is our kids can’t afford a home in Phoenix now,” said Mo.

Evidence continues to pile up revealing that housing affordability is. [3] Worryingly, some of the states (and cities) with the best prospects for.

increasing affordable housing and workforce training. The county’s resolution required a two-thirds vote, because Nevada’s.

The housing crisis is the ticking time bomb at the heart of the American economy, wiping. In its best year since, the country built just 849,000.

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.

The Ultimate Truth about Housing Affordability Posted . 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.

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!

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