Showing posts with label median sales price of houses sold. Show all posts
Showing posts with label median sales price of houses sold. Show all posts
Tuesday, May 27, 2025

In 2023 housing affordability in the United States bounced off the 2022 low but is still 9.15 points off the more affordable levels of the 1980s

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 The median income in 2022 bought just 17.22% of the median house, the all-time low in the most up-to-date data. In 2023 that rose to 18.89%...
Wednesday, September 28, 2022

Housing in America in 2021 has never been more unaffordable

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Median household income in 2021 bought just 17.8% of the median sales price of houses sold.  
Tuesday, May 17, 2022

Median household income now buys about 17% of the median sales price of a house, a new low: Joe Biden is the Barack Obama of unaffordable housing, only worse

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 Housing affordability has never been so bad. The median sales price in 1Q2022 climbed to $428,700. Median household income in January 2022...
Tuesday, May 4, 2021

The on-going housing bubble

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I checked the value of my home on Zillow today. It's nuts. After 13 years the estimated price is up 6.5% per annum. On the other hand, t...
Thursday, January 9, 2020

Housing update: Case Shiller National Home Price Index hit 212 in October 2019, 51% above 140

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The Case Shiller National Home Price Index hit 212 in October 2019, 51% above 140. The full data at the new iteration of the index since F...
Friday, May 19, 2017

Robert Shiller blames housing bubbles on get rich quick flipper narratives, still completely misses the tax angle

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Here , in The New York Times: There is still no consensus on why the last housing boom and bust happened. That is troubling, because t...
Thursday, April 27, 2017

Middle class according to Pew Research Center is just trying to make everyone feel better

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MarketWatch here says that Pew estimates middle class household income for a family of 3 at between about $35,000 and $105,000 for 2011....
Tuesday, June 24, 2014

$82,077: What you need to make to afford the median existing home price in May 2014

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The median sales price of an existing home in May rose to $213,400 from $201,500 in April. In May you needed to make $82,077 for that home t...
Tuesday, April 29, 2014

The median priced existing home is affordable only to the highest reaches of the upper middle class

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From an interesting discussion recently about what it means to be middle class,  here : One helpful yardstick to judge whether you're mi...