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

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Economic News For Houston First Time Home Buyers

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Houston Housing Market for the Week Ending 12/5/2022