Home-buyer purchasing power increased 6.9% this July, meaning a homebuyer with a $2,500 monthly housing budget can afford a home priced $33,250 higher than a year ago, Redfin found, which it credited to historically low mortgage rates.
The post High home prices erase home-buyers’ increased purchasing power appeared first on HousingWire.
from
https://www.housingwire.com/articles/high-home-prices-erase-home-buyers-increased-purchasing-power/
No comments:
Post a Comment