RealtyTrac: Buying a home is unaffordable in 18% of counties

RealtyTrac: Buying a home is unaffordable in 18% of counties

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Student Loans Not Holding Back Home Ownership: RealtyTrac Real estate data firm finds that 96% of the nations housing markets are affordable for recent college graduates.

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Buying a home is getting further out of reach for many Americans. According to data released Thursday by online real estate data firm RealtyTrac. residents), and five most, affordable housing.

Think housing is unaffordable? It’s only getting worse, RealtyTrac says. Home price growth outpaced wage growth in most counties, RealtyTrac said. And the problem is getting worse: the number.

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Buying a home is getting. Daren Blomquist, the vice president of RealtyTrac, says that markets are becoming increasingly unaffordable thanks in large part to home price appreciation. The report.

That’s the takeaway from a new report from RealtyTrac that. the costs of home ownership are beginning to rise, if slowly. Advice to buy now may be sound, but it can’t sit that well with people in.

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RealtyTrac: Buying a home is unaffordable in 18% of counties RealtyTrac: Home prices outpacing wage growth in 76% of U.S. Roughly two-thirds of Californians can’t afford to buy a home

Housing markets were less affordable than their historic norms in 18% of counties across the country, according to the Home Affordability Index for the second quarter from RealtyTrac. That figure is worse than in the first quarter, when only 5% of counties were less affordable than their historically normal levels, but better than a year ago when the figure stood at 20% .

San Francisco is, of course, among the most expensive cities in the U.S. and its housing the most unaffordable. Thursday by real estate research firm RealtyTrac. It reports that in 19 U.S. counties.

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