Friday, July 11, 2025 |
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As the summer housing market is heats up, it appears that affordability melted for many homebuyers in May, according to the latest National Association of Realtors®’ (NAR) Housing Affordability Index. NAR’s data saw the qualifying income needed to buy a home increase by 3.3% to $108,192 in May (based on a 25% qualifying ratio for…
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