60% of Households Cannot Afford New Median Priced Home
Pro Builder
MARCH 2, 2021
million, cannot afford a new median priced home, according to new priced out estimates by the National Association of Home Builders. Being unable to afford a new median priced home, according to NAHB, means incomes are insufficient to qualify for a mortgage under standard underwriting criteria. Roughly 60% of households, or 75.1
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