Median income earners can only afford 25% of current listings
Housing Wire
JUNE 8, 2023
It is no secret that housing inventory is low. In April 2023, data from NAR and Realtor.com showed there were roughly 1.1 households earn $75,000 or less, meaning that in a balanced market, 51% of the homes for sale would be affordable to buyers in this income bracket. million homes listed for sale. Of those 1.1
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