Housing affordability is the worst it’s been in decades, but slowing inflation may reduce

Chicago
By Chicago 1 Min Read


Housing affordability is the worst it’s been in decades, but slowing inflation may reduce some of the pain for hopeful homebuyers.

U.S. inflation came in at 3.2% last month, showing that the Fed’s interest rate hikes over the past 20 months are starting to cool consumer prices.

The overall inflation rate dropped to 3.2% between September and October, meaning that increases in the cost of living have been smaller recently, which could eventually make it easier for some people to afford homes and mortgages, Mark Buskuhl, founder and CEO of Ninebird Properties, a Texas-based investment firm, tells Fortune.

🔗 Click the link in the bio to read more.

 



Source

Advertisements
Share This Article

It was Thursday night when we started to negotiate. Do we need to evacuate to the south or

It was Thursday night when we started to negotiate. Do we need

By Chicago

“Please go to a safer place. Your lives matter more than the news.” This is what a news a

“Please go to a safer place. Your lives matter more than the

By Chicago

“Botched” star @drdubrow took some time away from #BravoCon to fill us in on some of the h

“Botched” star @drdubrow took some time away from #BravoCon to fill us

By Chicago