Collins: What are the biggest challenges homebuyers face in the current market?

Homebuyers in Santa Clara County face challenges due to rising mortgage rates and home prices, with the median single-family home price at $1.88 million and condos at $1.01 million. Affordability is now the top barrier, followed by expectations of mortgage rate drops and low inventory. Consulting a skilled realtor is crucial for navigating these market complexities and securing a home.