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        A record ~40% of all US homes currently don't have mortgages...

        A record ~40% of all US homes currently don't have mortgages.
        At first, this seems like great news, but it really just emphasizes how unaffordable this market is.
        Currently, a record ~35% of housing market transactions are all cash purchases.
        In other words, this market is becoming only affordable for those who are buying with cash.
        As interest rates hit 20-year highs and home prices are up 30%+ since 2020, affordability is only getting worse.
        We have an affordability crisis.
        A record ~40% of all US homes currently don't have mortgages. At first, this seems like great news, but it really just emphasizes how unaffordable this market i...
        Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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