Housing affordability hits an 11 year high.

According to a report released this morning from the real estate company Redfin, this year was the least affordable year for homebuying in at least the past 11 years. Someone making the median income in the U.S., $78,642 would have spent more than 40% of their gross income if they bought a home for $400,000. What does this mean for the real estate market next year?👉 Watch this episode on YouTube: www.youtube.com/@thejonsanchezshow👉 To learn more about retirement planning and wealth management in Reno, visit: sanchezgaunt.com Compliance Disclosure: This program is for informational purposes only and should not be considered investment, tax, or legal advice. The views expressed are those of the participants and may not reflect the views of Sanchez Gaunt Capital Management. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional regarding your individual situation before making financial decisions.