Is NOW the most expensive time to buy a house... Ever?
Is now really the most expensive time ever to buy a house? Has affordability ever been THIS bad?!?
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Jeffrey Chubb 📱 Call or Text: 617-775-7687 📨 Email: Jeff@Boston2.com
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Comparing the cost of buying a home in the 1980s to now.
Recap of Video:
✅ Is now the most expensive time to buy in history?
✅ How much interests rates matter
✅ The Affordability Index
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Video Chapters
00:00 - Introduction
0:49 - How it all started
1:22 - Average Sales Price & Income in 1983
1:50 - Average Sales Price & Income in 2022
2:12 - Consideration of Interest Rates & Why it matters
3:01 - Interest rates today vs. then
3:31 - Average House Payment in 1983 vs today
3:57 - The Affordability Index per year
6:03 - Conclusion
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👇Connect with me
Jeffrey Chubb | Chubb Homes Team | 617-480-2600 | Jeff@Boston2.com | https://www.Boston2.com | Brokered by eXp Realty
Wondering what the Massachusetts Real Estate Market Conditions are in 2022? Then this is the place to visit each week. Jeffrey will give an update on Massachusetts Real Estate for Massachusetts Single Family and Massachusetts Condo homes. Whether you are looking for a Boston Market Update or an entire Massachusetts Market Update, then this data will be helpful! He will provide the weekly market stats as well as some weekly market color as to what is going on in the Massachusetts Housing Market and whether Massachusetts Real Estate appreciating or Massachusetts Real Estate depreciating. Whether it is Boston Real Estate or anywhere else in the state, the market reports matter!
Disclaimer: These are the opinions of Jeffrey Chubb personally and not eXp Realty. You should do your own research to come up with your own conclusions when it comes to making the investment decision of buying or selling real estate.
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