Phoenix Housing Affordability Reality | Phoenix News

Phoenix’s housing market is tightening its grip—new data shows you need a $118,462 annual salary to afford the median home, with mortgage payments eating up 37% of your monthly income, even though that’s still better than last year. While incomes and home prices are rising together, affordability remains brutal, and only 26% of homes are truly within reach for that income level. It’s a tough squeeze—but there’s still room to maneuver if you know where to look. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b262985fa88c850f