Tag: US Home Affordability

Mortgage Rates Affected By Latest Interest Rate Rise

'Economist Says Housing Affordability in the US Has ‘Collapsed'

Would-be homebuyers now need an annual income of $113,520 to afford a typical home in the U.S.

'Aspiring Homebuyers Need To Earn 80% More To Afford a House in the Current Market: Study

Homebuyers today would need to earn $47,000 more than they did pre-pandemic to afford a house.
Small grey brick home in a subdivision.

'These 57 Counties Now Have the Worst Home Affordability Rates for Typical US Households: Study

The study focused on counties with populations larger than 250,000 and a population growth rate higher than 0.55% national average.
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