Home Prices and Affordability – the Truth

Gaining a little perspective on what really drove home prices over the last few decades can be valuable to would be buyers. The state of the market now that values have come well off their peak in concert with record low interest rates should be hard to resist. Still persistant though is the uncertainty breeding fear in many and paralyzing what would be an otherwise typical reaction to┬ámore purchasing power. Keen observers know that the best opportunities are never obvious and that the truth is only uncovered by digging in. To that end, this video may help peel back a few layers of tarnish and provide a better view of where we’ve been, how we got there and where we are now.

Purchasing Power vs. Home Prices