Tag Archives: Less than half of Houston-area residents can afford a median-priced home

HOUSTON, Texas — Climbing prices and rising interest rates have created a climate of unaffordability for potential homeowners as the minimum required income to meet expenses of a median-priced home in the Greater Houston Area rose 26.9% in the last year, according to the Houston Association of Realtors. This trend is not exclusive to Houston or other Texas metros areas, …

HOUSTON, Texas — Climbing prices and rising interest rates have created a climate of unaffordability for potential homeowners as the minimum required income to meet expenses of a median-priced home in the Greater Houston Area rose 26.9% in the last year, according to the Houston Association of Realtors. This trend is not exclusive to Houston or other Texas metros areas, …