Home Buyers Need to Earn $47,000 More Than in 2020
The income needed to comfortably afford a home is up 80% since 2020, while median income has risen 23% in that time.
October Existing Home Sales: Mortgage Rate Swings Extend Home Sales Decline
Existing home sales dropped again in October after a spike in mortgage rates caused both supply and demand to pull back.
Military Households Hold a Housing Affordability Edge Thanks to Higher Incomes, Lower Rates
Active-duty military families typically have higher housing costs than other households
Affordability Crisis: United States Needs 4.3 Million More Homes
Gap between families and available homes widens and likely continues to grow
Three Roommates or Four Jobs Needed to Afford a Two-Bedroom Rental on Minimum Wage
Rent affordability is better in cities with higher minimum wages, even in expensive markets.
