The U.S. housing market is the least affordable since 1984, requiring nearly 41% of the median household income for mortgage payments on a median-priced home, as per Intercontinental Exchange (ICE) research. This housing affordability crisis, worsened by high inflation, results in housing costs consuming a larger portion of incomes, alongside other rising expenses like gas and groceries. How will this affect the Housing Market? In this live episode, we are going to discuss the latest from the Federal Reserve, the latest employment and economic data while helping you understand how that affects you as a buyer or seller in the 2024 housing market.

⏩Lower Mortgage Rates Headed To The Housing Market - https://youtube.com/live/1c4UuuoAsOc
⏩First-Time Buyers Live Q&A 2024! - https://youtube.com/live/gjwmzs6KPmg
⏩Interest Rates Will BURST The Housing Market?- https://youtube.com/live/2SVDu55d6cA

Tonight's Slides - https://docs.google.com/presentation/d/1V9pIyBCE5QPYQaGmCbcoBEhO27nfoCjOyE27ggL2vb0/edit?usp=sharing

Article based on the Title: https://www.cnn.com/2023/11/07/investing/home-prices-affordability/index.html#:~:text=Housing%20now%20takes%20up%20the,affordable%20level%20in%2039%20years.

HOME BUYER RESOURCES:

🏠 - First Time Home Buyer Course - http://www.becominghomewise.com

✅ - Get a Referral to a Mortgage Lender or Realtor - http://www.jebsmith.net/referral

📧- Sign Up For My Free Newsletter - https://www.jebsmith.net/sign-up-for-my-newsletter

🎙- The Educated Home Buyer Podcast - @theeducatedhomebuyer
Spotify - https://open.spotify.com/show/3Ho4sTORqrLYlkBwWUkSBA
Apple - https://podcasts.apple.com/us/podcast/the-educated-homebuyer/id1611226020
YouTube - http://www.youtube.com/@theeducatedhomebuyer

Want to Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
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