Homebuyers Need $107,000 Annually to Afford the Typical U.S. Home–Up 46% From a Year Ago

Homebuyers across the country need to earn substantially more money than they did a year ago to buy a home, due to high mortgage rates and persistently high home prices. The increases are especially big in Florida.  A homebuyer must earn $107,281 to afford the $2,682 monthly mortgage payment on the typical U.S. home, up … Continue reading Homebuyers Need $107,000 Annually to Afford the Typical U.S. Home–Up 46% From a Year Ago