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3 Reasons Why Houses Are More Affordable Than They’ve Been In Decades

        

One question that you might get, or a comment that you might get about the market is everybody's talking about home prices being very high.

They might say, "You know, I don't think I'm going to enter the market because the prices are so high. Or I don't think this is sustainable, that these prices are so high."

And home prices have gone up over the last couple of years. But another measurement to take a look at when we're analyzing the market is something called affordability. It's actually something that's tracked by the National Association of REALTORS.

Affordability is key because it takes into account several key factors.

1. Your income — the median income of families across the country.

2. It takes into account the median interest rate being paid by mortgage borrowers across the country

3. And median pricing

When you combine those three factors, you fid affordability is better than it's been in decades.

Now, how could that...

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