U.S. households now spend about 43% of income to afford a median-priced home. Median home price has climbed to roughly $435,000 nationwide. Only three major metros meet the traditional 30% housing ...
The rule comes with a number of caveats, experts tell PBS News. Yet for "most everyday people," the guideline remains useful, said Daryl Fairweather, chief economist at Redfin. Here's what to know ...