According to a recent report by the National Association of Home Builders (NAHB), housing affordability in the United States remains near a historic low level. The data shows that only 37.7% of new and existing homes sold in the fourth quarter were affordable to families earning the national median income of $96,300. This indicates a significant challenge for many potential homebuyers who are struggling to find affordable housing options.
– Housing affordability in the US remains near a historic low level.
– Only 37.7% of homes sold in the fourth quarter were affordable to families earning the national median income.
– This poses a challenge for potential homebuyers seeking affordable housing options.
You can read this full article at: https://wrenews.com/nahb-housing-affordability-remains-near-historic-low-level/
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.