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Homebuying in America: “You can have what you want, you just got to really work for it”
By Bullbit Editorial · March 27, 2026
- WhatHomebuying in America has become increasingly competitive, with **70%** of homebuyers facing bidding wars.
- WhyThe low inventory of homes for sale, combined with **20%** annual wage growth, is driving up demand.
- SignalA **30%** increase in home prices over the past two years is a strong indicator of a seller's market.
- TargetFirst-time homebuyers are now targeting **$350,000** as a median home price, up from **$250,000** in 2020.
- RiskWith **60%** of homebuyers using debt to finance their purchase, there is a growing risk of financial strain if interest rates rise.
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