03/17/2023
On the blog: Homebuyers are taking on monthly payments 59% higher than at the 2007 peak of the previous housing bubble.
http://seattlebubble.com/blog/2023/03/17/homebuyers-are-taking-on-monthly-payments-59-higher-than-at-the-2007-peak-of-the-previous-housing-bubble/
As of February, the monthly payment for the median-price single-family home sold in King County at current mortgage rates was $3,945. The good news: This is down from an eye-watering $4,758 in October. The bad news: It's up dramatically from just a year prior, and 59% higher than what we saw at the....