The annual paycheck for a first-time homebuyer is roughly $64,500 to afford the typical U.S. “starter” home in 2023 — up 13 percent from a year ago, according to a report from Redfin.
Source: Inman News
Buyers need $7,200 more than in 2022 to afford ‘starter’ homes
Published in homebuyers, income, Markets & Economy, Redfin, Select, Sheharyar Bokhari and starter homes
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