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The median home value in the US just 10 years ago was roughly $161,000.
Today, the median home value is $350,000, up 117%, which is 4.5x the median income.
Meanwhile, the median sales price on a home today is at $416,000, which is 5.3x the median income.
Existing home sales…
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由
The Kobeissi Letter
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The median home value in the US just 10 years ago was roughly $161,000.
Today, the median home value is $350,000, up 117%, which is 4.5x the median income.
Meanwhile, the median sales price on a home today is at $416,000, which is 5.3x the median income.
Existing home sales are now at their lowest levels since 2010.
With 90% of borrowers locked-in to rates below 5%, supply is scarce.
How can we get more supply in this market?
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Dear US Senators,
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Dear US Senators,
Political violence is not a joke.
An elected official, her husband and their dog were assassinated in their home. Their children are grieving.
Another elected official and his wife were shot multiple times in their home in the middle of the night by this man.
时政
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twitter.com)
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