NAR Identifies Top Markets Where Renters Can Afford to Buy

WASHINGTON (August 4, 2016) — The U.S. homeownership rate has slowly fallen in recent years to currently its lowest level since 19651, but new research from the National Association of Realtors® reveals that there are affordable metro areas right now with above-average hiring and a large segment of current renters who earn enough income to qualify to buy a home.  

NAR reviewed employment growth, household income and qualifying income levels in nearly 100 of the… Read More
Source: realtor.org news releases

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