The income needed to purchase a typical U.S. home has skyrocketed by 79% in just five years, rising from $51,646 in January 2020 to $92,538 in January 2025. This rapid increase is driven by soaring home prices and higher mortgage rates, while average weekly earnings have only grown by 25% and inflation by 23% during the same period. The housing market's affordability crisis has led to constrained home sales, with many homeowners unable or unwilling to trade their lower mortgage rates for today's costs.

In this episode we dive into the current housing market while updating you on the economy and mortgage rates to help you stay infored as a buyer or seller in this real estate market.

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✅ Ready to find the right loan? Start your stress-free journey today: - https://www.theeducatedhomebuyer.com/start

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Connect with me 👇
Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Real Broker

Connect with me 👇
Josh Lewis (Huntington Beach Certified Mortgage Expert)
DRE 01209148
Buywise Mortgage

📩 - info@theeducatedhomebuyer.com

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