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Study reveals widespread affordability concerns among home buyers
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Study reveals widespread affordability concerns among home buyers
Is the housing market too pricey? A new study seems to show that most home buyers think so. The report from Clever Real Estate, a St. Louis-based real estate firm, reveals that 64% of recent buyers planned to buy a home that cost less than $400,000, targeting a median purchase price of $310,000. That’s notable because the median home price is well above that — $416,900. High home prices have long made purchasing a home challenging, but with adde…
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