Your Money Minute Home Affordability Gets Worse 5/29/25
May 29, 2025
Home affordability is becoming increasingly challenging for Americans across the income spectrum. Middle to upper-income households are struggling more than ever to purchase homes due to alarming statistics. Lower-income families find themselves with access to only a tiny fraction of available listings. The podcast highlights these pressing issues and emphasizes the growing gap in homeownership opportunities.
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Home Affordability Crisis
- Home affordability worsened, with most Americans unable to buy homes on the market.
- Middle and lower income groups face drastically reduced home purchasing options versus 2019.
Supply Improvement Noted
- More Americans have started listing homes for sale, slightly improving home supply.
- This increase may help ease some affordability pressures moving forward.