The median home sales price in 2021 jumped 16.9% over the 2020 price to 346,900 - the highest increase since 1999, according to the National Association of Realtors. But with mortgage interest rates.
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Homeownership is a common goal for millions of Americans, but a number of social and economic factors can affect peoples’ ability to reach that milestone. From income to educational attainment to racial and ethnic background, there are significant gaps in homeownership rates between different demographic groups in the U.S. And family structure and gender are no different.
Married couples tend to have higher rates of homeownership and can afford more expensive homes due to combined financi .
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