A new report from NAR has found that the typical home buyer's annual household income has climbed to a new record high in the wake of rising home prices and mortgage rates.
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Consumers Express Increasing Housing Market Frustrations
New findings from Fannie Mae’s HSPI revealed consumers are increasingly expressing “pessimism toward the larger economy this month, in addition to their ongoing frustration with the housing market,” said Doug Duncan, Fannie Mae Senior VP and Chief Economist.
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