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About Me
- Team Sohail
- Sohail is a Founding Member of International Luxury Society and Sohail is now a International Real Estate Specialist, aka IRES. Having said this, we can better position the marketing of the properties those are listed with Sohail of Keller Williams Real Estate. A service owners/builders dreamed of is now available with Team Sohail. Please contact us should you need more information on this. He Cares, He Listens, He Gets Results!
Tuesday, April 17, 2012
Affordability measures the ability to buy
Affordability measures the ability to buy - that is, the amount of a family's income consumed by the mortgage. In 1981 it took a whopping 36% of family's income to pay a mortgage. Today it takes only 13%, that is indeed a historic low. That also means that buyers are spending 20% less of their income on home payments than they were doing it 30 years ago. Questions are welcome!
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