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Key: Affordability = % of median household income spent on a median household mortgage.
As a trusted real estate professional, you know you are the best resource for your customers' housing and marketplace questions. When your buyers and sellers ask, "Can I afford to live here?" the data in the above home affordability report will help you address their financial and real estate questions about your larger marketplace.
It's important to note that when looking at what makes homes in a certain area affordable to buyers, factors
including home prices, mortgage rates and household income are key. The above Affordability Index, provided by
HouseCanary, measures median household income relative to the income needed to purchase a median-priced house
in your area market.
Tip 1: Home values may differ within certain markets, even block by block.
Want to see Home Value Reports for other specific properties? Enter property address and zip code above to get the accurate data
on your properties of interest.
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