Homes Still at Unaffordable Highs Despite Settling Prices
Savings Corner
DECEMBER 23, 2023
Key Takeaways Home affordability is at its worst point since 2007, according to a measure from housing data provider ATTOM. Since 2007, the expense-to-wage ratio has remained above the 28% level preferred by mortgage lenders. Major homeownership expenses require one-third of the average wage nationwide, a 16-year high.
52 
Let's personalize your content