Magic Carpet.

Another breach.

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1. A homebuyer must earn $107,281 to afford the $2,682 monthly mortgage payment on the typical U.S. home, up 45.6% from $73,668 a year ago. That’s due to mortgage rates that have more than doubled over the last 12 months, combined with persistently high home prices. The average U.S. hourly wage grew by about 5% over that same period, and inflation is also cutting into would-be buyers’ budgets. (Source: redfin.com/news)

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