Good morning, readers.
I hope you had a great weekend, even if your team didn't win the World Series.
While we've seen a lot of stories lately about housing markets cooling amid rising interest rates, it's worth bearing in mind that this comes after a period of home prices rising pretty rapidly. That history, compounded with interest rates causing the market to slow, means affordability problems are persisting in many regions.
The Business Journals analyzed data on 25,000 ZIP codes to estimate…
