MatureDJ
Master Don Juan
- Joined
- Apr 30, 2006
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Homebuyers Need $107,000 Annually to Afford the Typical U.S. Home–Up 46% From a Year Ago
Homebuyers across the country need to earn substantially more money than they did a year ago to buy a home, due to high mortgage rates…...
my opinion: It's OVER for HomeMaxCels.The incomes buyers need to purchase a home in San Francisco and San Jose are the highest in the country, followed by Anaheim, CA, where the typical buyer must earn $254,286 to afford the typical monthly mortgage payment of $6,357 (+42.1% YoY). Oakland and Los Angeles ($221,592, up 40.7%) round out the top five.