David Deem 714-997-3486 Dave@DeemTeam.com It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are  less affordable  than they have been over the last few years, they are  more affordable  than they historically have been. Black Knight , a premier provider of data and analytics for the mortgage industry, just released their latest  Monthly Mortgage Monitor  which includes a new analysis of the affordability situation. Here’s what the report reveals: “The monthly payment required to purchase the average priced home with a 20% down 30-year fixed rate mortgage increased by nearly 20% (+$210) over the first nine months of 2021, . . . It now requires  21.6% of the median household income to make the monthly mortgage payment  on the average home purcha...