- Over-demand for homes is ruling the housing market in many cities.
- Buyers in the best position to buy a home typically have mortgage financing in place, a credit score above 680, and a down payment above 15%.
- But many markets, like San Francisco and San Jose, have an oversaturation of these buyers, leading to heightened competition.
It’s a tough time for Americans to buy a home.
US housing supply remains low and prices keep rising, making the competition among buyers the fiercest it has been in years.
Over-demand is ruling the market in many cities. In San Francisco, a home sold for <a target="_blank" read more >>>