Housing affordability crisis hammering rural America
The housing affordability crisis is sparing no one. But rural America is feeling particular strain.In rural America, prices continue to rise and incomes haven't kept up, according to a new report from Redfin. The convergence of both factors is causing housing affordability to "erode faster than big cities and suburbs." Homeowners need an annual income of $74,508 to afford a median-priced home in rural U.S. counties, up a staggering 105.8% from […]