Affordability report

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Redfin: Middle class buyers are being priced out of housing market

Jan 23, 2019By

Although housing inventory is increasing, affordability for the typical middle class household is retreating, according to new data from Redfin. Redfin Chief Economist Daryl Fairweather said over the last few years builders have focused on luxury homes and there hasn’t been enough construction of affordable starter homes.

3d rendering of a row of luxury townhouses along a street

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