Bright MLS: Consumers Say Low Incomes, High Rates and Lack of Supply Remain Major Affordability Constraints

Despite signs of housing market normalization on the horizon, many consumers still feel constrained by affordability challenges. Consumers report that lower incomes, higher mortgage rates and a lack of supply in the market remain their biggest hurdles to affording a home, according to Bright MLS’s latest consumer survey. The MLS’s latest survey of 3,000 Americans…

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