How Much You Need TO Get Into A Home

Hello everyone,

Yes, I know... It has been a long time since I last posted and I must apologize, things have been busy with the family and business. Well, I’m back and ready to get into everything that has been going on. 

Speculation of a market crash? Yes, things have slowed and calmed down, but is there a crash? I don’t believe so. Houses and attached units are still selling, albeit at a slower pace.

In regards to the map that has been circulating around the internet and news outlets; yes, the numbers they depict makes things seem unattainable. BUT, don’t let the hype scare you! There are units out there that are still attainable and it’s those units that I call “hop units.”

These are the units that enable you to get your foot through the door get to call home. Eventually, you will be able to use the assets from the current unit to purchase a newer and/or larger place.  Before you think it’s impossible, the first step to take in this process is to speak with a mortgage broker of your choice.

If you need help with that, feel free to contact me and I’ll get you in touch with some people who will be able to help you plan for that purchase.

 

 

Real Estate Affordability Income Gap