Supercharged prices force out first-time buyers in May

Supercharged Prices Force Out First-Time Buyers In May

When an irresistible force like housing demand confronts an implacable barrier like ever-tightening inventory shortages, the pressure will grow until something has to give. In the case of our current unstable housing market, the only emergency steam valve that can relieve the bursting pressure is soaring prices, and the biggest loser is affordability.