Home affordability has reached its lowest levels in a decade, and some experts are calling it the latest and among the most significant indicators of a cooling market. Median U.S. home prices dropped in the fourth quarter to their lowest levels of affordability since the third quarter of 2008, according a report released Thursday by real estate data firm Attom Data Solutions. Home prices are rising faster than wages in many U.S. cities, according to […]
source https://therealdeal.com/miami/2018/12/20/home-affordability-falls-to-lowest-levels-in-10-years-report/#new_tab
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