Home buying power still high, despite rising prices and rates

It might seem like home prices just keep rising, but according to a new analysis, today’s housing is actually still pretty affordable. “Real” home prices—those adjusted for income and interests rate changes—are currently 32.5 percent below their housing boom peak from 2006.

from Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports https://ift.tt/2smFZYK


via Naza Finance Blog