First-time buyers need to earn $64,500 to afford a typical starter home
Housing Wire
JULY 28, 2023
Buyers searching for starter homes in today’s market are on a wild goose chase because in many parts of the country, there’s no such thing as a starter home anymore,” said Redfin Senior Economist Sheharyar Bokhari. Austin buyers must earn $92,000, down 3.3% Austin buyers must earn $92,000, down 3.3% a year earlier.
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