Interest Rates Can Also Price Households Out of the Market

Last Friday's Eye on Housing blog post announced the release of NAHB's "priced out" estimates for 2020, showing that-if the median new home price goes up by $1,000-it prices 158,857 U.S. households out of the market, in the sense that they would qualify for a standard mortgage to purchase the home before the price increase, but not afterward. The same... Read More ›...(read more)

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