People are priced out of what they want and don't want to keep trying, says Debbie Bloyd on the housing market. She and Daryl Fairweather discuss the state of the housing market. Daryl notes that homebuyers need to earn significantly more to afford a typical mortgage payment. They talk about signs of improvement in home sales. They also go over MBA Mortgage Applications for the week of November 11th. They then mention the new normal in the housing market. Tune in to find out more about the stock market today.
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