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 [.]

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Today, the index is higher than any year from 1990 to 2008. There have been many headlines decrying an “affordability crisis” in the residential.

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However, the truth is that we need to put our foot on the pedal and move even faster. Despite our recent progress, we’re.

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! Bottom Line

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The Ultimate Truth about Housing Affordability by The KCM Crew on May 30, 2019 in First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers. Are you a Bridge Builder? If so, log in to share a personalized version of this post.

The Ultimate Truth about Housing Affordability Posted on 05/30/2019 by Arisdeyson Matos in Brevard County Florida Real Estate , Century 21 , Real Estate There have been many headlines decrying an "affordability crisis" in the residential real estate market.

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The Ultimate Truth about Housing Affordability. By Barry Grooms. May 30, 2019. Buyer, Housing Market Updates. 0 comments. 0. 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.