The dream of finding an affordable home feels increasingly out of reach for many Americans, especially those in the middle-income bracket.
Middle-class households continue to face the largest supply gap in the housing market, a critical issue highlighted in the recent Housing Mismatch Report, a collaborative analysis from Realtor.com® and the National Association of Realtors®.
Buyers earning around $75,000 can currently afford homes priced up to about $261,140. However, homes priced below this point currently account for only about 23% of listings nationally, a stark contrast to the approximately 44% seen in a balanced market…