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Income Needed to Afford a Home in Every U.S. City

Pro Builder

Income Needed to Afford a Home in Every U.S. metros and the minimum income needed to afford a home. The top cities that remain out of reach for the majority of buyers are Los Angeles, San Francisco, Honolulu, New York City, and Oakland, Calif. Financing. cbroderick. Fri, 03/26/2021 - 09:45. Read More. .

Income 52
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Home Prices Increase in 89% of Markets During Quarter One

Pro Builder

While home prices and mortgages are rising, as are qualifying median family incomes, mortgage rates remain steadily below one year ago. The most expensive single-family markets are predominantly in California, with the exception of Honolulu. Market Data + Trends. Affordability. Market Data + Trends.

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Homeownership Wealth Gains for Second Quarter of 2020

Pro Builder

Based on the 2019 Survey of Consumer Finance data, homeownership accounts for 90% of total wealth among all families. In the bottom 20% income percentile, a home accounts for 99% of total assets, compared to 42% for families in the top 10% income bracket. Homeownership Wealth Gains for Second Quarter of 2020. cbroderick.