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Ep.9 Affordability CRISIS Continues: 50% Homeowners Can't Sell

EPISODE · Apr 29, 2024 · 1H 25M

Ep.9 Affordability CRISIS Continues: 50% Homeowners Can't Sell

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This episode is 1 hour and 25 minutes long.

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This episode was published on April 29, 2024.

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from Savvy Home Seller · host Jen Sylvester

Explore how escalating home prices and shifting mortgage rates have made it difficult for many, particularly baby boomers, to afford their current homes in today's market. A recent Redfin survey reveals that nearly half of baby boomer respondents could not afford a home in their neighborhood if they were to purchase one now. This video delves into the financial obstacles that are shaping the real estate landscape and contributing to the mortgage-rate lock-in effect.

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Ep.9 Affordability CRISIS Continues: 50% Homeowners Can't Sell

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