The dream of finding an affordable home feels increasingly out of reach for many prospective buyers, highlighting a critical need for more housing options across the nation. While the market might appear robust on paper, the reality for many is a stark mismatch between available homes and what they can truly afford.
This challenge is particularly acute for middle-income households, who continue to face the largest supply gap in the current market.
Buyers earning around $75,000 can currently afford homes priced up to about $261,140, yet homes priced below this point account for only about 23% of listings nationally, compared with about 44% in a balanced market…