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Last year, the majority of first-time homebuyers made financial sacrifices to purchase a home, the NAR said, including cutting spending on luxury goods, entertainment and clothes.

Here’s how much you need to make to afford a home in America

Anna Bahney, CNN November 13, 2023

Washington, DC CNN — The income of a typical homebuyer in the United States surged to $107,000 from $88,000 last year, as home affordability precipitously worsened, according to an annual report from...

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