19min chapter

Breaking Points with Krystal and Saagar cover image

9/22/22: Putin Escalation, Nuke Threats, Trump Investigations, Fed Rate Hike, Gas Price, Home Depot Workers, & More!

Breaking Points with Krystal and Saagar

CHAPTER

Decline in Home Sales and Impact on Affordability

This chapter discusses the significant decline in existing home sales and the challenges faced by homeowners and aspiring homebuyers. It highlights the record-high percentage of income needed to afford payments on a median priced house and the impact of interest rates on mortgage payments and home equity. The speakers also discuss the slowdown in home sales and low inventory in the housing market.

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