this post was submitted on 12 Jul 2026
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United States | News & Politics

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Fewer than 4 in 10 non-homeowner households can afford a typical starter home priced around $200,000, according to LendingTree. Households need an annual income of roughly $117,000 to afford the average home, real estate firm Redfin has found.

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[–] TubularTittyFrog@lemmy.world 1 points 1 month ago

Home prices in my area are falling by 5-10 percent.