San Jose residents need a $250,000 raise to afford median home, study says

San Jose residents need a $250,000 raise to afford median home, study says

New numbers show many would need an epic raise in order to afford the median home prices in the Bay Area.

Rising Costs Put Homeownership Out of Reach for Many First-Time Buyers

First-Time Homebuyers Now Need $126,700 Annual Income to Afford the Median Mortgage Rising Prices and Rates Push Homeownership… The post Rising Costs Put Homeownership Out of Reach for Many First-Time Buyers appeared first on IMP.NEWS.

Prospective Boston Buyers Need Nearly $80K Raise to Afford Down Payment

Greater Boston homebuyers will likely need a raise if they want to buy a home – even if they're so-called "move-up" buyers putting 20 percent down.