Apr 20, 2012
Income Factor
Research shows that Texas homebuyers tend to trade up as their income rises, especially in the lower home price ranges. This trend lessens as family income goes up because, at some point, people decide they don't need a bigger house even if they get a pay raise.
Research shows that Texas homebuyers tend to trade up as their income rises, especially in the lower home price ranges. This trend lessens as family income goes up because, at some point, people decide they don’t need a bigger house even if they get a pay raise.
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