As a professional, I think this info applies to the majority of you reading this, and I think you need to know about this info, no one (media/gov't) is talking about it. . It's the Housing Affordability Index (HAI). It is a great indicator to answer the question, "Is buying a home a good idea and better yet, a good investment?" . I gave a talk to a group of great local realtors on Friday sharing a ton of data on inflation, rising mortgage rates, recessions, a housing bubble, and what all this means to "OUR" economy and the financial decisions each of us need to make today and tomorrow. . From my talk on Friday, I went and did additional research on the Housing Affordability Index, because the general conversation right now is, home values are getting pushed too high, and now, since interest rates are rising up over 5%, (1) ppl are thinking it's getting too expensive to buy a home, and (2) they are thinking home values may drop because rate are rising so quickly.... . Watch my short video on HAI this week and stay tuned for more info/data that will give you a true measure on the housing market! . Have a beautiful day my friends, I'm always here if you want to connect about real estate, mortgage, or life!