Americans should prepare six digits to ride a medium-precious house

• In AprilThe cost of a house’s national median list was about $ 431,250, a Realtor.com analysis emerged. Therefore, in a house to provide a typical house, you need to earn about $ 114,000 a year in a house. However, we have slowed down after years of evaluation of the wild house price.

The pandemic has changed the housing world. Americans have a medium-precious house today six years ago, a Reportor.com must earn more than 70% more than a realtor.com analysis Published on Thursday.

In April, the National Median list price for a house has increased by about 37% since April 2019 before the pandemic. To provide a typical house, you need to make about $ 114,000 a year in a house to provide comfort. This is 47,000 or 70.1%, bounce compared to 2019. However, real media households in the United States are $ 80.610 for the latest government information.

This figure should not exceed 30% of the total income of a 30-year-old mortgage, 20% downward payment and total income spent in the apartment. ( Median Down Payment 18% between 9% for the first home founder and the first time buyers; and would fall below 30% of the income spent in the apartment loaded Definition.)), a person or household, mortgage, property taxes and insurance, estate taxes and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance, property tax and insurance,

The necessary earnings are geographically varying. For example, the Los Angeles metropolitan area, for example, the income required to have a valuable house of $ 1.195,000, an increase of 86% in six years is $ 315,892.

Home prices Throughout the pandemic, because people want to work and more space. Then, Mortgage rates Sub-3% sub-3% of the Federal Eram slipped from sub-3% sub-3% sub-parts after entering a compressor to burn hot inflation. The two are still very high, relatively. However, the evaluation of the house price slowed down and some economists predict This year may fall and Mortgage rates They fell below two decades high 8%, up to 6.81%. So there’s some silver lining.

“Even with today’s favorable obstacles, the market meaningful changes can give buyers a better shot in finding a home,” The number of houses for sale said, “More options for years have been able to make more choices.”

Moreover, the sellers are more fluent at the price, so “higher mortgage percentage, of course, when the demand is weighing, the silver lining begins to balance the market again.”

But the housing market is a standSince many people have been taken or selling because they have several years. During the pandemic, home-owners or home owners who provide low mortgage speeds in the background of low mortgage or mortgage are home to home. Although it seems like a variable.

The number of active houses, the number of houses increased by 30.6% compared to the same mother last year. For the first time in April, the number of houses put on sale in April 2020 – a pandemic benchmark, is superior to Pandemic Benchmark for the analysis of Realtor.com. However, active inventory is still in typical pre-pandemic levels. Again, more vendors return to the market compared to buyers and whipping prices to sell. In April, 18% of the lists had a 2.5% increase in prices, compared to a year ago.

This story was first displayed Fortune.com

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