Starter Homes Are Becoming Increasingly Unaffordable, Even in Secondary Markets
Pro Builder
JUNE 14, 2023
a secondary city of the Los Angeles metro, the average renter household income was $63,127 in 2021, but the amount needed to afford the area’s average mortgage payment was triple that at $192,616. Such was the case in Yonkers, NY, and Paterson, NJ. In markets such as Burbank, Calif.,
Let's personalize your content