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Only 54% of Americans Can Afford a Home

July 18, 20192 Mins read199
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By Trevor Tetzlaff, Senior Research Analyst, and Jeff Hallam, Business Intelligence Developer, John Burns Real Estate Consulting, LLC In the 130 metro areas we analyzed, only 54% of Americans can afford a home priced 20% below the median home price in their area—a reasonable proxy for an entry-level home¹. The recent plunge in mortgage rates […]

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