Robert Irwin\'s Power Tips for Selling a House for More According to a new study by the Center For Housing Policy, many American workers can’t afford the median priced homes in their cities. While prices have declined two percent from a year ago in 2020 metro markets, mortgage interest rates have risen enough to make homes less affordable, which could well explain why the buyer’s market appears to be deepening nationwide, despite job growth and low unemployment. In better times, 40 percent of the market is driven by second home buyers and investors buying to resell for quick profits. Currently, speculators have left the market and housing has hit a bottom and will take years to recover.

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