The shortage is hitting some buyers more than others.
The lack of affordable homes heated up competition in the market this spring, which reversed the cooldown in home prices that started last summer.
At the higher price ranges, too many homes are for sale for the number of Americans who can afford them.
Areas in the Midwest continue to have the highest number of affordable homes.
The four cities with the largest supply of affordable homes are all in Ohio.
Persons:
Noah Herrera, Danielle Hale
Organizations:
National Association of Realtors
Locations:
Realtor.com, Las Vegas, El Paso , Texas, Boise , Idaho, Spokane , Washington, Florida, Riverside, Los Angeles , California, Ohio, Syracuse , New York, Pittsburgh , Pennsylvania, Louis , Missouri