Consumers Say Low Incomes, High Rates and Lack of Supply Remain Major Affordability Constraints — RISMedia

Despite signs of housing market normalization on the horizon, many consumers still feel constrained by affordability challenges. Consumers report that lower incomes, higher mortgage rates and a lack of supply in the market remain their biggest hurdles to affording a home, according to Bright MLS’s latest consumer survey.

The MLS’s latest survey of 3,000…