Only 38% of Non-Homeowners Can Afford a Starter Home

Buying a first home is becoming harder than ever. A new study finds that fewer than 40% of non-homeowner households can afford a typical starter home, highlighting the growing affordability gap facing first-time buyers. Kathy Fettke breaks down what the data reveals, why affordable markets continue to stand out, and what these trends mean for real estate investors.

Download your Free PDF at www.Realwealth.com/AffordableMarkets.

Source: https://www.cbsnews.com/news/starter-home-affordability-income-gap-lendingtree/