75% US homes beyond middle-class buyers’ reach, according to NRA. Middle-income buyers could only afford 23% of 1.1 million listings in April.

July 27, 2023 10:06 am by CWR

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In April, out of the 1.1 million listings on the market, middle-income buyers could only afford approximately 23% of them.

Read more: t.co/pxwjiRR5xA

— unusual_whales (@unusual_whales) July 27, 2023

See also CNBC:The wave of young people buying homes will be a tailwind for builders. <= There has been no evidence of this in the data. Average homebuyer age has gone up, actually.

See also The US housing market is gradually thawing, yet 91% of homes remain overvalued, according to Fitch. Meanwhile, JPMorgan faces an eight-figure loss after offloading real estate.

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