John Burns Real Estate Consulting

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Only half of Americans can afford an entry-level home

Jul 22, 2019By

Just over half of Americans can afford an entry-level home as affordability issues continue to plague the nation’s housing market. According to a study by John Burns Real Estate Consulting, only 54% of Americans are able to afford a home priced at 20% the median home price in their area. The situation is creating a robust opportunity for rentals.

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

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