Tag Archives: affordability

2023 Was a tough year for housing affordability

Someone making the $78,642 median U.S. income in 2023 would’ve had to spend 41.4% of their earnings on monthly housing costs if they bought the $408,806 median-priced U.S. home. That’s the highest share on record and is up from 38.7% in 2022. That’s according to a Redfin analysis that estimates monthly housing payments for the […]