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Posted on 3/5/24 at 9:19 am to Chicken
Around $380K was the national average for existing homes a few months ago. Not sure where it is currently and not sure where new construction is at.
Rates have crossed back above 7% too and prices aren't falling as quickly as they normally would when rates go up.
Just all around bad for anyone looking to buy.
Rates have crossed back above 7% too and prices aren't falling as quickly as they normally would when rates go up.
Just all around bad for anyone looking to buy.
Posted on 3/5/24 at 10:02 am to Chicken
quote:
Buyers must make $106,000 to be able to comfortably afford a property, according to data from Zillow - which looked at the 50 biggest metro areas across the US.
quote:
What is the median home value?
Follow-up question would then be, what's the median home value across the US when you exclude the 50 biggest metro areas.
Posted on 3/5/24 at 12:07 pm to Chicken
quote:
What is the median home value?
and what is the median home size?
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