With Home Values Surging, Is it Still Affordable to Buy Right Now?
Keeping Current Matters
DECEMBER 2, 2020
Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. Note: During the housing crash from 2009 to 2015, distressed properties (foreclosures and short sales) dominated the market. The number one factor impacting today’s homebuying affordability is record-low mortgage rates.
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