Tag Archives: Middle-income

The combination of the affordability crisis and 8% mortgage rates are a problem not just for the middle class, but high-income earners as well. Read a new analysis of where homebuyer money stretches the furthest by clicking through.

"Middle-income buyers face the largest shortage of homes among all income groups, making it even harder for them to build wealth through homeownership," said Nadia Evangelou, NAR Senior Economist and Director of Real Estate Research.

The share of families living in apartments has reached the highest level in half a century, as a new RentCafe study shows more of those who could purchase a home are choosing instead to rent.