1987 houses were less affordable for median buyers than today. : RealEstate
Median 1987 home price = $110,000 (FRED).Interest on 30Y mortgage 10% (FRED).Monthly repayment $772 (after 20% downpayment)Median 2021 home price ...
Read moreMedian 1987 home price = $110,000 (FRED).Interest on 30Y mortgage 10% (FRED).Monthly repayment $772 (after 20% downpayment)Median 2021 home price ...
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Read moreI looked up avg prices by state. To summarize: There are 12 states in the price range of $100k-200k. 16 ...
Read moreThe share of first-time homebuyers was up last year but far below the runup to the housing crash of 2008, ...
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