The Cato Institute 2022 Housing Affordability National Survey Indicates Concern Over Housing Affordability

The Cato Institute 2022 Housing Affordability National Survey was released and the results reflect national concern regarding the housing market and its affordability.

There are signs that the housing market is correcting itself after a couple of hot years, but the process has been gradual. Mortgage interest rates are still roughly twice what they were a year ago. Additionally, despite a drop in overall sales, home prices are still rising nationwide on a monthly basis. This makes it more difficult for many prospective homeowners to find affordable housing.

Martha Gaffney, Licensed Real Estate Broker and Strategic Real Estate Advisor at HouseCashin, gives her thoughts on the current housing market.

Martha’s  Thoughts:

“Many Americans have been priced out of the current market when it comes to purchasing a home or their first time home, due to the fact that prices of home keep increasing, even though they have slowed down some, there is still quite the demand. I think that builders can jump in and help out by increasing more affordable housing and also private lenders come up with creative ways of them making money and offering interest rates that are attractive enough to buyers as well as their realtors.”

Follow us on social media for the latest updates in B2B!

Latest

mastering AV sales strategies
Mastering AV Sales Strategies: A Diverse Market Requires Understanding Individual Needs
December 8, 2023

Mastering AV sales strategies in a global professional audio-visual (Pro AV) market, poised to reach $79.2 billion by 2028, requires much attention to detail. The surge in demand from corporate, government, and institutional sectors, driven by the need for enhanced productivity and efficient working environments, gives AV sales pros a lot of opportunity. In […]

Read More
cybersecurity in healthcare
Cybersecurity in Healthcare: Addressing the Growing Threat
December 8, 2023

To keep up with the growing threats, cybersecurity in healthcare is a high-level priority. The recent ransomware attack on Ardent Health underscores a stark reality for the healthcare industry: cyber threats are a significant and ongoing challenge. Mike Saylor, the CEO of Blackswan Cybersecurity, LLC, sheds light on the complexities of cybersecurity in healthcare. […]

Read More
effective debt management
Effective Debt Management Holds the Keys to Small Business Cash Flow and Growth
December 8, 2023

Effective debt management through a robust accounts receivable system is essential for small business cash flow and growth, necessitating automated payment schedules and strategic policy adjustments. Collaborating with a collection agency as a strategic partner can enhance revenue recovery while preserving positive customer relationships. How critical is effective debt management for the financial health […]

Read More