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How Much You Must Earn To Buy A Home
May 30 2013Have you ever wondered how much salary you needed to buy a home in Miami? Or maybe how much to buy in Chicago?
HSH.com took the National Association of Realtors first-quarter data for median-home prices, as well as MSN Real Estate’s 2013 first-quarter average interest rates for 30-year, fixed-rate mortgages to decipher exactly how much money homebuyers in 25 major metros would need to earn in order to purchase the median-priced home in their market.
Check out if you earn enough to buy a home in the city of your dreams.