3 Reasons Home Affordability Will Tank (60-Second Opinion)

By
Real Estate Agent with Joe Manausa Real Estate 8508880888

There's a confluence of three key trends that make it inevitable that home prices and mortgage payments are going to explode. 

Why Home Affordability Will Tank

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Joe Manausa Real Estate
1934 Dellwood Drive
Tallahassee, FL 32303
(850) 366-8917

Comments (9)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

They're going to be so many ups and downs in this life, but adaptability is absolutely key

Oct 07, 2021 03:10 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

I wish I had perfect answers for insuring that home affordability was possible for most folks!  If interest rates rise, that certainly won't help.  And, the shortage of housing inventory currently, is not helping!

Oct 07, 2021 08:51 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you haave a great day.

Oct 08, 2021 01:46 AM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Agreed Laura, just hope we can figure out how to adapt the lower 1/2 into homeownership

Oct 08, 2021 02:07 AM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

That's true Myrl, other than prices and interest rates, I have no real worries either :).

Oct 08, 2021 02:08 AM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you Richard, I appreciate you stopping by.

Oct 08, 2021 02:08 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No doubt about it, Joe... affordability is being stretched to the limit in many places, including Charlotte region where we've always been known for our affordable housing.

Oct 08, 2021 07:40 AM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

It really is a shame Nina, this could have been a wonderful expansion stage if the builders could have been able to participate ...

Oct 09, 2021 05:40 AM
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good  morning  Joe Manausa

Thank  you  for  sharing  your  information  with  us  about  the  Three  Reasons  home  affordability  will tank  (Less than  60  Seconds).  

Nov 01, 2021 06:11 AM