It now takes an income of over six figures to afford the average home

It now takes an income of over six figures to afford the average home

Newsy

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ViewIn the midst of her home search in Saint Johns, Florida, Aimee Wiles-Banion is finding out just how difficult it is. With mortgage interest rates inching up to 8% and limited inventory, Wiles-Banion is struggling to find a home she can afford, especially on her teacher’s salary of under $50,000.  

“It’s been a big...

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