Home sales have plunged to their lowest level in 15 years. Real estate experts say this may be a sign that potential buyers are having second thoughts about the value of buying a house, even with historically low interest rates. We look at the housing market and ask if you’ve changed your mind about whether home ownership is a good idea.
Rethinking Home Ownership
Home sales have plunged to their lowest level in 15 years. Real estate experts say this may be a sign that potential buyers are having second thoughts about the value of buying a house, even with historically low interest rates. We look at the housing market and ask if you've changed your mind about whether home ownership is a good idea.
Guests:
Carolyn Said, staff writer covering mortgages and real estate for San Francisco Chronicle
Christopher Thornberg, principal and co-founder of Beacon Economics
John Quigley, professor of economics at UC Berkeley