Nov 28, 2017
How much income to buy a mid-priced DFW home?
DALLAS – A mortgage resource website reports that a household in the Metroplex needs more than $59,500 in annual income to qualify for a median-priced house.That's roughly $4,100 more than the income needed at the...
DALLAS – A mortgage resource website reports that a household in the Metroplex needs more than $59,500 in annual income to qualify for a median-priced house.
That’s roughly $4,100 more than the income needed at the national level.
The study, by HSH.com, is based on a median home price of $249,000 and a 20 percent down payment.
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