Stay updated with breaking news from Varsek Team. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
(NEXSTAR) — Decades ago, buying a home for $100,000 or less was the norm. Today, you need to earn at least $100,000 just to afford a “typical” home, according to a new analysis. Data tracked by the Federal Reserve Bank of St. Louis shows the average sales price for homes sold in the U.S. was&hellip
Decades ago, average house sold for less than $100,000. Now, you need to earn at least that to afford the typical home.
Decades ago, average house sold for less than $100,000. Now, you need to earn at least that to afford the typical home.
Decades ago, average house sold for less than $100,000. Now, you need to earn at least that to afford the typical home.
Decades ago, the average house sold for less than $100,000. Now, according to a new analysis, you need to earn at least that to afford even a "typical" home in many states -- including Virginia.