Home Affordability: Continued My previous post on affordability I went back as far as 1989 to compare to today. For today’s addition we will look at more recent history. The chart below is a quick look at the last 6 years: What does that all mean? Well, it is pretty simple: The price is the M
...
10/19/2012
I saw an article earlier today that mentioned how complacent buyers are getting when it comes to rates. I couldn't agree more. People are thinking rates in the 3's are the norm, while any of us in the business for any period of time know that is not the case. Just for fun, I ran a few numbers-
...
10/16/2012