Housing prices expected to remain elevated amid limited supply and high demand.
U.S. housing affordability has plummeted to its lowest level since 2007 as prices continue to jump.
In 98% of American counties, home prices have skyrocketed.
According to a revised forecast, Fannie Mae economists are now predicting that home prices will fall at a slower rate than previously anticipated later this year.
Jim Worden, the CIO of Wealth Consulting Group joins us to discuss.
#economy #inflation #housing #housingmarket