American Housing Price Going Big, Again (Tom Ashbrook, On Point)

Every region of the country has its own housing market, but stand back and you can see trends. The big trend: across the U.S., home prices are back near record highs. They were 30 percent down at the bottom, in 2012. Now, they’re high and higher. But it’s a split screen. A booming high end, where the money is. Tough for first-time buyers - to get the down payment, to get a mortgage. Gentrification, hot. And renters, paying big. This hour On Point, we dig in to the American housing market now. — Tom Ashbrook
Interview:
http://www.wbur.org/onpoint/2016/06/02/american-real-estate-market