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115: How the Housing Market Could Correct WITHOUT Home Prices Falling w/Black Knight’s Andy Walden

On The Market

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The Importance of Affordability in the Real Estate Market

Andy Cevallos: A correction in real estate could happen by prices just flattening out and incomes going up over time. That does seem like a relatively feasible outcome for the housing market over the next couple of years. As income goes up or mortgage rates maybe go down, that could restore affordability to the market. So that was my main takeaway, but there was tons of great nuggets in there.

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