St. Louis Suburbs Top List as Most Affordable U.S. Housing Markets, Rocket Says
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Rocket Companies Inc. identifies St. Louis suburbs as the most affordable U.S. housing markets, with Bellefontaine Neighbors, MO, leading. Midwest and South regions show greatest affordability, with median home prices near $300,000. Redfin predicts improved affordability by 2026 due to rising wages, but warns sustained improvement requires increased homebuilding. Nationwide, homeowners spend 39% of income on housing, exceeding the recommended 30% threshold.
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