
- May 15 2003
- Volume 10
- Issue 9
AFFORDABLE HOUSING
Financial experts who have forecastedan end to the rise in real estateprices have yet to see their predictionscome true. Despite higherprices, however, a new home is stillan affordable option for mostAmericans, according to a recent statisticalsurvey. The survey shows thatthe average home costs 3.6 timesmore than the average household income,up from 3.2 times the averagehousehold income 3 years ago, butstill well within the range of pricesover the past 2 decades. Because ofplunging interest rates, the medianpercentage of household income devotedto mortgage payments is 22%,the same level it was at in 1999.
Articles in this issue
almost 18 years ago
Postwar Economy Refocuses Attentionalmost 18 years ago
Model Portfolio Series: Conservative Growthalmost 18 years ago
How Does Your Financial IQ Measure Up?almost 18 years ago
History Provides Lessons in Investingalmost 18 years ago
Read the Market's Long-Term Performancealmost 18 years ago
Less Is More When Buying Stock Spinoffsalmost 18 years ago
Weigh the Aspects of Variable Annuitiesalmost 18 years ago
Maximize Your Sale of Stocks at a Lossalmost 18 years ago
Realize the Importance of Market Timingalmost 18 years ago
Speed Through Annual Reports Like a Pro


































































