Median income earners can only afford 25% of current listings
Housing Wire
JUNE 8, 2023
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. Based on the report, the housing market needs an additional 319,460 listings priced under $256,000 in order for the market to be balanced. Over half (51%) of U.S.
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