Business & Finance
'Shadow Homebuyers' Wait on Affordability Improvement
Key Points
Lisa Sturtevant, Chief Economist at Bright MLS, discusses the current real estate market and how affordability pains are causing 'shadow homebuyers' to wait until rates drop in order to buy.
Lisa Sturtevant, Chief Economist at Bright MLS, discusses the current real estate market and how affordability pains are causing 'shadow homebuyers' to wait until rates drop in order to buy. (Source: Bloomberg)