How Much Do You Need to Earn to Buy A Home?

How Much Do You Need to Earn

Here below is the rendering of US cities with income averages needed to buy a home.  It gives you a clearer understanding where the “affordable” parts of the country are located compared to your city, or MY Fair Emerald Lady – Seattle!

How Much Do You Need to Earn

The image originated from HSH.com.  I mentioned them in yesterday’s post too.  Who are they?  They tout they are “the nation’s largest publisher of mortgage and consumer loan information.”  They’ve tracked mortgage markets for over 30 years.

“HSH is an objective, independent source of information about consumer loans. HSH does not make or broker mortgages and is not beholden to any lender.”

What cities are considered affordable these days?  Well, according to The Washington Post that would be: Pittsburgh, Cleveland, St. Louis and Cincinnati.  Personally, I think Seattle and her beautiful surrounding burbs are also affordable, considering our cost of living and wages here.  Agreed, not everyone can afford a $500-$800,000 residence, but there are still some very cute homes in our area between $200 and $400,0000 range.

If you are relocating to Seattle, I’ll find you a good match for your needs.  Contact me and we’ll consult what your timing, needs and price range will be.  I can also facilitate arrangements for hotel accommodations, city tour, school information, etc.  If you’d like to email me or telephone me, the page where you can do so ishttp://www.seattleareahomes4sale.com/contact/

Oh, and if you are still interested in the rest of the article about various cities, here’s the link: http://wapo.st/1HqouXC

#SeattleHomes #SeattleHomeBuyer #HowMuchHomeCanYouAfford #IncomeLevelsNeededToBuyAHome #SeattleAreaHomesForSale