75% of FLORIdA HOUSEHOLDS are "priced out" of median-priced new homes

NAHB’s latest estimates show that, nationally, 87.5 million households (roughly 69% of all U.S. households) are already unable to afford the median-priced ($412,505) new home.

In Florida, the median new home price is $422,108, needing an income of $100,572 to qualify. Over 75% of Florida households are priced out of the market. A $1,000 price increase would knock another 6,931 Floridians out.

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