This Is What Houston First Time Home Buyers Need to Know About The Minimum Income Requirement To Buy a House
Did you know that In the greater Houston area, you now need an annual household income of $90,000 to afford a median price home. Last year, this time you only needed an income of $63,600 to purchase a median price home.
The run up on home prices during the pandemic, coupled with the still rising interest rates has created a crushing blow for many home buyers. Things will get better, but not right away. Thank you so much for stopping by. Until next time...Diana