Home affordability is a huge issue in Collin County. There are homes being built and strong demand from people moving into the area, yet many residents are finding that the homes available to them are simply out of reach.
Context Corner Managing Editor Sam Moore sits down with chief housing expert Richard Grady to examine how Collin County reached this point, why the shortage is especially severe in the mid-range housing market, and what could be done to make housing more attainable.
From construction costs and labor shortages to interest rates, insurance, utilities and the supply-and-demand imbalance, Grady explains the forces driving the region’s housing affordability challenge.