Housing Market Update:
1. Homes on market at record low of 1.3M
2. 53% of homes require income of $125K+ to afford
3. Average 30Y mortgage at 7%
4. Mortgage demand lowest since 1995
5. Median rent payment hits $2000/mo
This is the least affordable housing market in history.
2. 53% of homes require income of $125K+ to afford
3. Average 30Y mortgage at 7%
4. Mortgage demand lowest since 1995
5. Median rent payment hits $2000/mo
This is the least affordable housing market in history.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment