When will the housing market crash crash? That is the question nearly every single buyer in the United States is asking following twelve quarters of absurd never-ending price growth. According to Redfin.com, the average homebuyer housing payment has increased by more than 90% since May 2020. Just three years ago a new buyer could expect to pay around $1300 a month for the average home, today that number has increased to a record high of $2566 per month. In essence, looking through the prism of overall monthly costs, the housing market has never been more expensive and week after week it just gets worse.
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