Markets & Economy

Eroding home affordability carries housing bubble concerns

Zillow: One-third of US homes for sale in 4Q 2013 were unaffordable
Published on Apr 4, 2014

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by CareyBot

As home prices and mortgage interest rates rise, potential homebuyers are finding that fewer homes are within their financial grasp, prompting parallels to the most recent housing bubble. A study by real estate portal Zillow has found that, for a ...