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Housing Affordability Worsens in Q3 2023

USA Real Estate News-RISMedia - Fri, 2023-09-29 14:21

Housing affordability worsened in Q3 2023 due to rising mortgage rates—which have now surpassed 7%—and high home prices, along with other economic challenges. ATTOM’s Home Affordability Report for Q3 2023 found that median-priced single-family homes and condos are less affordable in the third quarter of 2023 compared to historical averages in 99 percent of counties…

The post Housing Affordability Worsens in Q3 2023 appeared first on RISMedia.

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