Home buyers cautiously optimistic about future home availability and affordability
Posted on February 6, 2020
79% of future home buyers said in Quarter 4 2019 that they can afford less than half of the homes that are available in their marketplace. This is up from 76% from just a year ago and is the third straight year-over-year increase in the share of buyers who are reporting that fewer than 50% of house for-sale in their market are in their current price range.