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There are precious few places in America where the average worker can afford a median-priced home [MarketWatch]

Regions Financial Corporation (RF) 
Last regions financial corporation earnings: 4/17 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.regions.com
Company Research Source: MarketWatch
There are precious few places in America where the average worker can afford a median-priced home Homeownership is becoming increasingly difficult to achieve — and a new report shows that relief isn’t coming any time soon. Across 74% of counties nationwide, average wage earners could not afford to buy a median-priced home as of the third quarter of 2019, according to a report released Thursday by property-data firm Attom Data Solutions. That’s up from six months ago, when 71% of housing markets were unaffordable for average workers. Attom calculated affordability by determining the amount of income needed to make monthly house payment, such as mortgage, property taxes and insurance premiums. The analysis assumed the homeowner in question only put 3% down when they purchased the property. Attom compared that amount to the average weekly wage data from the Bureau of Labor Statistics. There were only 127 counties out of the nearly 500 that Attom analyzed where a person who earned the ave Show less Read more
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