Just 15.5 percent of homes on the market last year were within budget for the average American. That’s the lowest percent for housing affordability ever recorded in U.S. history, according to a new report from the real estate firm Redfin. We speak with two real estate and housing experts about the large-scale increase in housing prices and mortgage loans and if there’s any relief in sight this year.
Guest Information:
- Daryl Fairweather, Chief Economist, Redfin; Freddie Smith, realtor, social media producer.
Leave a Reply