Ep. 342 | Can Only Half of Americans Afford a 250k Home?

Cape Fear Report
22/05/2024 26 min
Ep. 342 | Can Only Half of Americans Afford a 250k Home?

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Episode Synopsis

SUMMARY: We explain why it is not true that only half of Americans can afford a $250k home, Federal Reserve 2023 survey finds a big price variance between homebuyers now and pre-2022, Fed Vice Philip Jefferson talks housing, and new construction keeps inventory levels from falling...SHOW NOTES:Nearly Half of US Households Can’t Afford a $250,000 Home Is Not Entirely AccurateHomeowners Who Bought Pre-2022 Are Saving Over $8,000 A YearThe Fed Vice Chair Talks HousingShare of Newly Built Single-Family Homes Holds in Q1DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

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