Only 28% of Homes on the Market are Affordable for a Typical Household

Buying power is down nearly $30,000 nationally since 2019, despite a 15.7% rise in median income Higher mortgage rates are costing buyers an extra $7,200 per year in financing for a $400,000 home AUSTIN, Texas, Aug. 21, 2025 /PRNewswire/ -- In a market defined by higher interest rates and...