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First-time buyers need this much to afford a starter home

First-time buyers need to earn nearly $6K more to buy a home than they did a year ago.

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Typical household earns just under $30K less than it needs to buy a home

Typical household earns just under $30K less than it needs to buy a home
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Buyers need to make $30,000 more than they do to buy a home

But that’s an improvement from last year when they needed to close a more than $40,000 shortfall, according to Redfin.

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San-antonio
Texas
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Lack of affordable homes for sale hits minorities hardest, analysis shows

The average Black household could afford just 7% of listings for sale last year. The figure was 10% for Latinos.

Michigan
United-states
Anaheim
California
Detroit
Americans
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Edian-household-income

Lack of affordable homes for sale hits minorities hardest, analysis shows

The average Black household could afford just 7% of listings for sale last year. The figure was 10% for Latinos.

Detroit
Michigan
United-states
Anaheim
California
Californian
Americans
Us-census-bureau
Elijah-de-la-campa

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