Why Americans earning $50,000 to $100,000 are pessimistic about homebuying

Homebuyer sentiment is plummeting amid America’s housing affordability crisis. The red-hot market which has seen housing prices rise at a record pace is not keeping up with the incomes of millions of working Americans. According to Google, the question “when is the housing market going to crash?” has been trending in search, up 2,450% in March, as Americans have been reckoning with the housing affordability crisis.

The median household income was $68,703 in 2019, according to the Census…


Source link

About search

Check Also

3 stocks with the biggest gains took April's biggest losses – Yahoo Finance

3 stocks with the biggest gains took April's biggest losses – Yahoo Finance

[unable to retrieve full-text content]3 stocks with the biggest gains took April’s biggest losses  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *