Income Hurdle: Minimum income needed for a home increased by 56% to ~ $112K.
Affordability Strain: Average mortgage payment now $2,603, exceeding the 30% income benchmark.
Income Hurdle: Minimum income needed for a home increased by 56% to ~ $112K.
Affordability Strain: Average mortgage payment now $2,603, exceeding the 30% income benchmark.
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