General World News

Is this housing market affordable for the average shopper?

HW+ couple buying a home

Crazy. Horrible. Grueling. These are the words real estate agents use when asked to describe the current state of the market and what it’s like to buy a home today. Buyers are facing unprecedented challenges, they say, due to a confluence of housing market conditions:

  • Pricing. Redfin reported earlier this month that the national median home-sale price hit a record high of $377,200 in May, up a record 26% year over year. Over half of homes — 54% — sold above their list price in May for the first time details ⇒

    BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com