Tuesday, 2 April 2019

Average Americans can't afford a home in 70 percent of the country

Average Americans can't afford a home in 70 percent of the country

Even with rising wages and falling mortgage rates, Americans can't afford a home in more than 70 percent of the country. Out of 473 U.S. counties analyzed in a report, 335 listed median home prices more than what average wage earners could afford, according to a report from ATTOM Data Solutions. Among them are the counties that include Los Angeles and San Diego in California, as well as Miami-Dade County in Florida and Maricopa County in Arizona.
Read more: https://www.cbsnews.com/news/housing-market-2019-americans-cant-afford-a-home-in-70-percent-of-the-country/?ftag=CNM-00-10aac3a?source=Snapzu

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