market update

January 6, 2017
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An update on the 2017 real estate market

We would like to thank Kurt Eakin, President of Coastal Life Wealth Management, who provided the research and commentary below. It appears that we are still relatively affordable compared to the housing market bubble that ended in 1st quarter 2006. The National Association of Realtors Affordability index, which takes into consideration current median incomes, inflation, interest rates, average purchase prices, inventory etc. show that our current market allows for 45% […]