OC Housing Report: Current Affordability Challenges

Affordability Challenges

When escalating home prices are matched with much higher mortgage rates, home affordability dramatically weakens and results in fewer buyers able to make a purchase.

Demand is Dropping Due to Affordability. Lower rates had propped up affordability, yet today’s higher interest rate environment is impacting demand as many home buyers struggle to afford the monthly payment.

Below is a Snap Shot of the current OC Housing Report: Affordability Challenges

(Due to Posting Restrictions, To View the Full Report Email Us at Info@PlatinumEdgeProp.com   or Call 949.770.9888 for a FREE Copy of the Report)

If you or if you have a friend or family member that is thinking of buying or selling Real Estate, please contact The Wright Team at 949.770.9888 with their name and number and we will be happy to follow up with them!

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