Three metros in Ohio have higher numbers of affordable homes

in new home construction, the US housing shortage rages on and it's hitting middle-income Americans the hardest.

Indeed, the real estate market is short of more than 300,000 home listings valued up to $256,000, the affordable price range for households earning a maximum of $75,000, according to anBut there's some good news, at least in the data: There are still a few US metros where affordable homes remain available to middle-income buyers.

According to the NAR and Realtor.com analysis, among the 100 largest US metros, three areas from Ohio: Youngstown, Akron, and Toledo have the most affordable homes available for middle-income buyers. In Youngstown, buyers earning at least $75,000 can afford to purchase 72% of listings, while those in Akron and Toledo can afford to buy 61%, the data show.

In El Paso, Texas; Boise, Idaho; and Spokane, Washington — the areas with the fewest homes priced up to $256,000 — middle income buyers can afford less than 20% of listings. Nationwide, the percentage isn't much better.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Three men who funded Trump-acquired social media company charged with insider tradingNEW YORK — Three men who funded the company that became Donald Trump's Truth Social platform have been charged with insider trading.
Source: WOKVNews - 🏆 247. / 63 Read more »

NE Ohio Construction company focuses on restoration of properties and peopleA construction company in Northeast Ohio is trying to help by restoring buildings and, in the process, lives.
Source: WEWS - 🏆 323. / 59 Read more »