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HOUSING ‘TRIFECT’ PUTTING SQUEEZE ON BUYERS

Will Springer Realtor

After peaking in 2004 at 69%, this country’s homeownership rate has slipped to 66%. Yes, owning a home is still a goal of many – at least for two-thirds of the country – but there are signs of cracks in that thinking. Using home valuations and area median household income data, the report notes the average time required across the U.S.

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