Homes still affordable - really affordable

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Education & Training with Retired Real Estate Broker, Maryland Blogger

Homes still affordable - really affordable

The bright side of the housing bust: Homebuying has not been this affordable in a generation.

http://money.cnn.com/2009/08/19/real_estate/most_affordable_housing_markets/index.htm?section=money_realestate

"The typical American family, making the nation's median income of $64,000 a year, could afford to buy 72.3% of all homes sold in the United States during the second quarter, according a quarterly report from the National Association of Home Builders (NAHB) and Wells Fargo."

 

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Roy and Dolores Kelley Photographs

Roy Kelley, a real estate broker since 1960, has retired from his position as Associate Broker with RE/MAX Realty Group in Gaithersburg, Maryland. The needs of past clients and referrals will be met by long time associates. 



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