Nationwide home affordability declined again in the second quarter of the year as rising prices pushed up the wages necessary to afford a home, according to a new report. Major homeownership expenses last quarter now require about 33 percent of a family’s monthly income, the report from nationwide property data provider ATTOM showed. Homes were less affordable in 98 percent of counties with data to analyze when compared to historical averages. This marks the highest debt-to-income ratio since 2007. Buyers needed to earn $75,000 annually to afford the typical home in half of the markets ATTOM analyzed. After three quarters of declines, the median single-family home value r
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