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Latest Real Estate Report: Home Affordability at an All-Time Low

October 28, 2015 Leave a Comment Written by John Welch
Georgia Real Estate - Home Affordability

In the early 1980’s, the median mortgage payment was more than double what it is today. Owning a home today is more affordable than you think.

In 1981 it took 36 percent of a median family’s income to pay the mortgage on a median-priced home. Today, it takes only 15 percent – a historic low – making now a great time to buy a home.

John Welch Georgia Real Estate - Home Affordability

If you would like to learn more about home affordability, or if you have any other questions about buying a home or the real estate market in general, please leave a comment below or pick up the phone and give me a call. I’d love to chat with you about your real estate dreams and goals.

Buying a Home, Georgia Real Estate, Real Estate Data
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Open House: Sunday, June 12, 2016, 1PM to 4PM

Address:
3145 Cherbourg Court,
Marietta, GA 30062

Description: 4 beds | 4 baths | 2,755 sqft | $425,000 | Don't miss this opportunity! Three-sided brick home with fully finished basement in Dorset, a highly sought-after swim/tennis neighborhood with active homeowner's association. Lots of updates and upgrades - new windows, skylights, architectural roof, garage doors, keyless entry, professionally landscaped front with irrigation system, renovated master and upstairs bathrooms. Minutes away from historic Marietta, Roswell and Woodstock, public and national parks, Chattahoochee River, The Avenues of East Cobb, great restaurants and shopping. Learn more.

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4540 Hunting Hound Lane
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Open House: Sunday, Jan 31, 2016, 2:00 to 5PM

Address:
445 Saddle Horn Circle,
Roswell, Georgia 30076

Description: 4 beds | 4 baths | 2,000 sqft | $369,900 | This 2000 square foot single family home has 4 bedrooms and 4.0 bathrooms. It is located at 445 Saddle Horn Cir Roswell, Georgia. The nearest schools are Hembree Springs, Elkins Pointe and Milton High. This home has beautiful golden hardwood floors throughout. The property has many beautiful trees, including a Magnolia outside the Breakfast Room bay window. Learn more.

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