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Housing 'affordability has just totally collapsed,' economist says

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Housing 'affordability has just totally collapsed,' economist says


Housing costs are outpacing median household incomes in the U.S., further straining affordability. Would-be homebuyers need to earn $113,520 a year to afford the typical house in the U.S. That is 35% more than what the typical household earns annually ($84,072), according to a new analysis by…

#redfin #chenzhao #socialsecurity #jeffostrowski #bankrate #veronicafuentes #northwesternmutual #fuentes #ostrowski #detroit

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