Frank Quismorio REALTOR®License #: CA DRE 02042675

Frank Quismorio REALTOR®License #: CA DRE 02042675

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Affordability Dips, With Qualifying Income Back Above $100,000

USA Real Estate News-RISMedia - Fri, 2024-12-13 11:42

Housing affordability worsened slightly in October, according to the latest National Association of REALTORS®’ (NAR) Housing Affordability Index, and the qualifying income to afford a median-priced home rose above $100,000 again after briefly dipping below that benchmark. After the index fell sharply during the summer as mortgage rates climbed above 7% and home prices continued…

The post Affordability Dips, With Qualifying Income Back Above $100,000 appeared first on RISMedia.

Kickbacks, hidden agendas, mailers that work: Inman Top 5

USA Real Estate News-Inman - Fri, 2024-12-13 10:47
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
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