🏠💰 Homebuyers' median income jumps 22% to $107k, according to a National Association of Realtors report. Reasons include:
- Higher incomes needed to combat rising interest rates
- Rising housing costs pricing out lower-income buyers
- Competitive market pushing for larger down payments
- Some lenders requiring larger down payments
- Certain industries earning more
What does this mean for you? Share your thoughts below! 👇 #RealEstate #Economy