Map: The salary you need to buy a home in 27 U.S. cities
This post comes via Know More, Wonkblog's social media site.
Here’s definitive proof that San Francisco’s real estate market is insane. HSH.com, a mortgage research site, has estimated how much salary you need to earn to afford the principal, interest, taxes and insurance payments on a median-priced home in 27 metro areas.
The figures draw on the National Association of Realtors’ fourth-quarter data for median-home prices and HSH.com’s fourth-quarter average interest rate for 30-year, fixed-rate mortgages. You can read more about the methodology and see the site's data here.
TO FIND OUT IF YOU QUALIFY FOR A MORTGAGE LOAN,
CONTACT HEIDI BUCHBERGER RE/MAX REALTY CENTER
Phone: 262-443-2672
HEIDI.BUCHBERGER03@GMAIL.COM
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