"Expert Warns: Housing Affordability Collapse Requires Over $100,000 Income for Home Buyers"

A new study reveals that buyers need a six-figure income to afford a home in nearly half of the states, with no signs of improvement expected in the near future due to low housing supply and high mortgage rates. Real estate expert Jeff Ostrowski advises buyers to act now if they need to move, as home prices are unlikely to decrease. The income needed to afford homes has risen significantly in several states since 2020, outpacing household income growth, making housing affordability a growing concern.