Tag Archives: home sales

The Next Affordability Pinch

photo credit: Payton Chung

Yesterday’s home sales figures from the National Association of Realtors remind us that despite reasons for optimism, the market is not quite out of the woods. It’s important to note that the 2.6 percent slide (compared to March) is for home sales.  Continuing a multi-year trend, rental vacancy is still going down.  In short, many people who previously would have been potential homeowners are renting.  This is a big deal for affordability.  Bear with me here… Continue reading

Advertisements
Tagged , , , ,