No products in the cart.
According to the National Association of Realtors (NAR) 2015 Profile of Home Buyers and Sellers the average homebuyer is 44 years old and has a median household income of $86,100; the survey also revealed that debt, increased rents and difficulty obtaining mortgages are prominent factors burdening potential homebuyers. HSH.com recently compiled a list of the salary you must earn to buy a home in 27 metros across the country. The list is built on NAR 2015 third-quarter data for median-home prices and third-quarter average interest rates for 30-year, fixed-rate mortgages offered by HSH.com. This useful data shows the costs associated with owning a home, including the principal, interest, tax and insurance. Continue reading