Sandy Yong

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So far Sandy Yong has created 2 blog entries.

Morningstar Says Housing Affordability Will Rebound by 2025—Is That Possible?

In this article In a recent economic outlook by Morningstar, the housing market affordability is currently mimicking the peak of the housing bubble in 2006. This similarity is due to a combination of mortgage rate hikes, rising home prices, and income levels.  In light of this, Morningstar suggests that falling mortgage rates will play a vital

By |2023-07-21T09:51:09-07:00July 21st, 2023|Industry News|

Data Shows That Only 25% of Median Earners Can Afford Housing—Here’s How to Make Up the Difference

In this article A recent report published by the National Association of Realtors reveals that the housing shortage and affordability crisis in the U.S. would be alleviated if there were sufficient homes available for buyers at all income levels. Currently, 51% of American households have an income of $75,000 or less, meaning they can only

By |2023-07-04T09:50:30-07:00July 3rd, 2023|Industry News|
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