The Ultimate Truth about Housing Affordability

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The Ultimate Truth about Housing Affordability. May 30, 2019 Provided by Keeping Current Matters. There have been many headlines decrying an "affordability crisis" in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten.

The Ultimate Truth about Housing Affordability. Categories: First Time Home Buyers,For Buyers,For Sellers,Housing Market Updates,Move-Up Buyers. There have been many headlines decrying an “affordability crisis” in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten.

There have been many headlines decrying an "affordability crisis" in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means. On a monthly basis, the National Association of Realtors (NAR), produces a Housing Affordability.

Both sides say they want more affordable housing in the city. Supporters say the critics simply don’t want it enough. The truth is, Cambridge already does more than most communities. About 15 percent.

Based on historic home affordability data, that means homes are more affordable right now than any other time besides the time following the housing crisis. With mortgage rates remaining low and wages finally increasing, we can see that it is MORE AFFORDABLE to purchase a home today than it was last year!

The Ultimate Truth about Housing Affordability There have been many headlines decrying an "affordability crisis" in the residential real estate market. While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means.

The Ultimate Truth about housing affordability posted by Brent Wells on Thursday, May 30, 2019 at 9:22 AM By Brent Wells / May 30, 2019 Comment There have been many headlines decrying an "affordability crisis" in the residential real estate market.

CHFA declines to renew Kilduff as executive director Gov. Dannel Malloy, state Department of Housing Commissioner Evonne M. Klein and Karl Kilduff, executive director of the connecticut housing finance authority, said the columbus commons project was one of seven affordable housing developments granted funding by the CHFA board of directors.

The Ultimate Truth about Housing Affordability There have been many headlines decrying an "affordability crisis" in the residential real estate market . While it is true that buying a home is less affordable than it had been over the last ten years, we need to understand why and what that means.