Can buyers still afford to move in today's housing market? On this week's episode of Real Estate Today, we explore mortgage rates, housing affordability and strategies buyers can use to make the numbers work without overextending. We also take a closer look at whether the long-standing 30% affordability rule still holds for today's homebuyers and how students at 20 universities are competing to tackle housing costs. Guests include Mabel Guzman, REALTOR® from Chicago; Nadia Evangelou, principal economist and director of real estate research at the National Association of REALTORS®; and Bobby Vance, architect and assistant professor at Virginia Tech. Plus, in our Hot or Not segment, Jon Grishpul, co-founder of GreatBuildz, joins us to discuss ADUs and how they can improve affordability and multigenerational living.

<description>&lt;section class= "_kqswh2mm _uglpt94y _1wgl1mmo _161e7qp0 _lcsaa7px _1yaw163p _1kt9b3bt _1cs8stnw _1mp41cut _z5wtd439 _1rus1w7a _kfgt1osq _1aukukzn _19woze3t" data-testid= "issue-view-activity-comment.comment-reply-wrapper.reply-container"&gt; &lt;div data-componentid= "issue-comment-base.ui.comment.comment-in-view-wrapper.351624"&gt; &lt;div class="css-6cu6fo" data-testid= "issue-comment-base.ui.comment.custom-comment.container"&gt; &lt;div class="css-gtihfx"&gt; &lt;div class="css-f9tdz4"&gt; &lt;div class="css-kbhh82" data-testid= "issue-comment-base.ui.comment.ak-comment.351624"&gt; &lt;div class="css-1fd6doq" data-testid= "issue-comment-base.ui.comment.ak-comment.351624-body"&gt; &lt;div&gt; &lt;div class="_16jlkb7n _1o9zkb7n _i0dl1osq _1ul9idpf _swxz1kw7"&gt; &lt;div class="_1bsb1osq _7cca15wb" role="presentation"&gt; &lt;div class="css-3qfej8"&gt; &lt;div class="ak-renderer-wrapper is-comment css-pw7jst"&gt; &lt;div class="css-j6e280" role="none"&gt; &lt;div class="ak-renderer-document"&gt; &lt;p data-renderer-start-pos="1" data-local-id="37ab22128362"&gt;Can buyers still afford to move in today's housing market? On this week's episode of Real Estate Today, we explore mortgage rates, housing affordability and strategies buyers can use to make the numbers work without overextending. We also take a closer look at whether the long-standing 30% affordability rule still holds for today's homebuyers and how students at 20 universities are competing to tackle housing costs.&lt;/p&gt; &lt;p data-renderer-start-pos="457" data-local-id="8d4627ef43ad"&gt; Guests include Mabel Guzman, REALTOR® from Chicago; Nadia Evangelou, principal economist and director of real estate research at the National Association of REALTORS®; and Bobby Vance, architect and assistant professor at Virginia Tech.&lt;/p&gt; &lt;p data-renderer-start-pos="695" data-local-id="fb54b3bf3e65"&gt;Plus, in our Hot or Not segment, Jon Grishpul, co-founder of GreatBuildz, joins us to discuss ADUs and how they can improve affordability and multigenerational living.&lt;/p&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;div class="css-16gv5yj" data-testid= "issue-comment-base.ui.comment.ak-comment.351624-footer"&gt; &lt;div class="css-nqlqch" data-testid= "issue-comment-base.ui.comment.custom-comment.351624.comment-actions"&gt; &lt;div class="css-rf2cmq"&gt; &lt;/div&gt; &lt;div class="_4t3igktf _1tke1ns9" data-testid= "issue-comment-base.ui.comment.reactions-container"&gt; &lt;div class="css-nqlqch"&gt; &lt;div class= "_1e0c1txw _1n261g80 _kqswh2mm _4cvr1h6o _19pkr5cr _13vtidpf" data-testid="render-reactions"&gt; &lt;div class="_s7n4nkob _1pra1o8l _1e0c1o8l _19pk1b66" data-testid= "reactionPicker-testid"&gt; &lt;div class="_19itglyw _vchhusvi _r06hglyw"&gt; &lt;div class="_19itglyw _vchhusvi _r06hglyw" data-testid= "render-trigger-container"&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/div&gt; &lt;/section&gt;</description>

Real Estate Today

Can Buyers Afford to Move in Today's Market?

Can Buyers Afford to Move in Today's Market?

Description