Is It Getting Harder To Afford A Home?

In her article titled, "It's getting harder to afford a home," Kathryn Vasel from CNN Money claims that although a rebound in home prices is good in the wake of the housing crisis, "there can be too much of a good thing." As home prices rise 13 times faster than nationwide wage growth, some markets of becoming out of reach for the "ever-important first-time homebuyer." Daren Blomquist, vice president at RealtlyTrac, says these first-time buyers a re crucial in keeping momentum in the housing industry.

http://money.cnn.com/2015/03/26/real_estate/home-affordability-real-estate/index.html