Housing Market Update – House Prices and Affordability

Selling Real Estate
Is housing affordability a bigger problem than the lack of supply and high buyer demand? How long can home prices continue to rise at this pace? Who can afford these homes? How much income does someone need to make to better able to afford the median home price in California? In this video, we talk about the housing market in terms of what got us here as well as the housing market forecast as house prices continue to rise.

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Jeb Smith (huntington beach Realtor/orange county real estate)
DRE 01407449
Coldwell Banker Realty
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What are your thoughts on housing affordability? When do you believe home prices will level off? How do you think the rise in house prices month over month is going to affect the housing market? What are you thoughts on a housing market crash? How long do you believe this can go on? Let me know in the comments below.

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