Home Affordability 2006 vs. Today
20 Wednesday Mar 2013
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I just got this from one of the lenders I work with. I think it pretty well sums up the benefits of buying now (assuming we get an increase in inventory). Your dollar goes a LOT further now than it did in 2006. Ironically, prices are about where they were in 2006 aka the height of the market. The increase in buying ability has to do with interest rates. What do you think? Just click on the link and you’ll see the flyer.
Home Affordability in Perspective(1)