Homebuyers must earn more than $400,000 to afford a home in the 2 priciest metro areas — and New York isn’t one of them
PUBLISHED WED, OCT 25 20231:55 PM EDTUPDATED 2 HOURS AGO
By: Ana Teresa Solá
As home prices and interest rates rise, would-be homebuyers need a salary of $114,627 to afford a median-priced house in the U.S., according to a recent report by real estate site Redfin.
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