Third Quarter Metro Affordability Report Reveals a Tight Market for First-Time Buyers
Pro Builder
DECEMBER 6, 2021
times the median first-time home buyer income, and many inaugural buyers were also priced out of the housing market by older competitors backed by existing equity. . times the median first-time home buyer income, when three times your income is a long-standing affordability rule of thumb. But homes were listed at 5.3
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