Oct 20, 2006
Housing Affordability
A look at how each of the component costs of homeownership -- mortgage payment, property taxes, insurance and utilities -- affect home affordability. The article shows that 35.9 percent of Texas households cannot afford a home priced more than $75,000, and 57.5 percent cannot afford a home priced more than...
A look at how each of the component costs of homeownership — mortgage payment, property taxes, insurance and utilities — affect home affordability. The article shows that 35.9 percent of Texas households cannot afford a home priced more than $75,000, and 57.5 percent cannot afford a home priced more than $125,000.
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