The typical family possessed 160.4 percent of the estimated income required to purchase a home in August, according to the National Association of Realtors.
Source: Inman News
August was the easiest month in 2019 to afford a home: NAR
Published in Affordability Index, downpayment, Housing Affordabilty, Markets & Economy, mortgage rate and NAR
More from downpaymentMore posts in downpayment »
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
- Why independent brokerages matter more than ever amid real estate consolidation
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
More from mortgage rateMore posts in mortgage rate »
- Feds charge Trump nemesis Letitia James with bank fraud
- Mortgage rates hit 10-month low, spurring lower monthly payments
- In a more buyer-friendly market, sellers are emerging too
- 34% of homeowners say they’ll never sell their home: Redfin
- How to break down the pros and cons of buying down interest rates
More from NARMore posts in NAR »
- RateMyAgent and Curated Social merge to form Renowned platform
- NAR scores a victory in buyer commission lawsuit
- Where else is Zillow not enforcing its private listing ban?
- Inman is celebrating 30 years of community, and you’re invited
- Stop freaking out about 50-year mortgages. They might save the housing market
Be First to Comment