Challenges and Opportunities for Home-Buyers
In today’s market, while high interest rates have reduced buying power, data shows recent homeowners gained $158,000 in wealth through their purchase.
In today’s market, while high interest rates have reduced buying power, data shows recent homeowners gained $158,000 in wealth through their purchase.
Soaring home values in 2024 have nearly eliminated underwater mortgages, creating a complex landscape for the US housing market.
The harsh reality: 50% of loan applicants denied since 2022.
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Americans Have Way Too Much Equity…
80% of home owners are at 80 LTV or better according to Black Knight.
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