
John Schink of Deerwood Realty dives deep into a crucial aspect of the home affordability conversation that many overlook: the cumulative impact of inflation. While rising mortgage rates often steal the spotlight, they’re just one piece of the puzzle. Over the past years, cumulative inflation has hovered around an astonishing 20%, and this silent force plays a massive role in altering the homebuying landscape. By examining recent data and the broader economic context, John sheds light on the real challenges homebuyers face in today’s market. Beyond mortgage rates, understanding inflation’s role is essential to making informed decisions in real estate. Join us in this enlightening discussion and discover the intricacies of home affordability.
#HomeAffordability, #InflationImpact, #RealEstateInsights
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