Why #Home #Prices Don’t Tell the Whole #Affordability Story

Why Home Prices Don’t Tell the Whole Affordability Story

House prices increased more than 13% on a year-over-year basis, but house-buying power has grown even faster, increasing by more than 19%, saidChief Economist Mark Fleming at First American Financial Corporation. He and other economists are examining the latest home-price and affordability data and seeing trends that may, at first blush, seem contradictory, but the analysts make …

The post Why Home Prices Don’t Tell the Whole Affordability Story appeared first on theMReport.com.

Homebuyers: For access to all listings and to find a homebuyers real estate agent that will represent only your interests call 800-935-6222 or click the button below to connect with MABA. At MABA we got you!