An extremely thorough look at the housing market from industry expert John Burns.
Here are the high-level conclusions:
John Burns Housing
Here are the high-level conclusions:
- "If I had to wager on 3 things going up in the next 5-10years, it would be 1) home prices, 2) mortgage rates, and 3) rental rates."
- "Things could get more affordable next year, but if you are sitting on the fence waiting for affordability to get even better, at some point you are going to get burned. I would buy now."
John Burns Housing