Zillow Chief Economist Stan Humphries appeared on Fox Business to discuss Zillow’s new report on home affordability.
Zillow’s data shows home affordability is 37 percent better than it’s ever been historically, but if you take away today’s incredibly low interest rates and just look at home prices compared to incomes you’ll find homes are actually 15 percent more overpriced than they’ve been in the past.
Watch the segment here or by clicking on the image below.
