Do you make enough to buy a house in your city?

Written by Posted On Thursday, 26 May 2016 08:36

Wondering if you earn enough to buy a home in your area this year? Thinking of relocating to another part of the country? It's a good idea to "know before you go" so check out these 27 US cities.

Based on resesarch by HSH.com and the National Association of RealtorsHowMuch.net created this 3D map. The 2016 map shows the income needed for each market based on its median single family home price. The mortgage assumed here is a 30-year fixed mortgage at 4.05 percent with 20 percent down. The payment is the base cost of owning a home — principal, interest and taxes.

Redefy how much do you need to earn to buy a house. Graphic by HowMuch.net
SOURCE: HowMuch.net

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Redefy Real Estate is a full service brokerage. We can help you find what  you’re looking for within your budget. Need to sell first? With our flat fee for listings, you can save thousands for your new home’s down payment.

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