Harris and Biden Economics Screwed First Time Homebuyers

A quick explanation of how rapid rise home prices and an overdoubling of typical 30 year fixed mortgages have penalized and prevented new buyers from purchasing their own American Dream. Continued excess inflation for the next 4 years will even worsen the volume of remaining qualified buyers.
This is just a thumbnail for new buyers unfamiliar with the calculations. In Michigan, very hugely impacting your affordability is Proposal "A".....or, the Headlee Amenment. Become very familiar with it and confer with your real estate agent, AND your financial advisor before jumping into a mortgage.
Feel free to send me questions. Will try to help.