Buying has now become 52% more expensive than renting, causing housing affordability to become worse than 2008. The combination of Mortgage rates and home prices are putting the housing market out of reach for many potential homebuyers. In this video, we explore the 3 levers that impact affordability and the good news for buyers moving into the 2024 housing market. ENJOY!
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Thanks for watching!
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About Me 👇
My mission is to help you preserve and grow wealth using real estate. I share my knowledge, thoughts, and what I am learning in areas of personal finance, mortgage lending, real estate investing, and much more!
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. I am wrong all the time. Everything you watch on my channel is my opinion. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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Housing Affordability is Now WORSE Than 2008
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