Redfin expects mortgage rates to dip next year.
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- Median income earners spent 41% of their pay on housing this year, up from 21% in 2012, per Redfin.
- Only Austin, Texas bucked the trend of declining affordability.
- In Anaheim and San Francisco, many homebuyers can expect to spend 80% of their income on housing.
Buying a home for many people has never been less affordable, according to a report by real estate company Redfin published Thursday.
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