Trulia: Home affordability slips for middle class

Rising mortgage rates spur first-time homebuyer activity in November In 2008, for the first time since such statistics have been kept, the proportion of the world’s population without enough to eat ratcheted upward.. rising 10 year bond rates over the past 3 months have raised mortgage rates and made homes less affordable.. and that has implications for interest rates (rising) and the dollar (falling).Home price dip leads JPMorgan to downgrade market MBA Hall of Honor gives back to military veterans Loves Park honors past, present and future veterans at annual ceremony – LOVES PARK – U.S. army veteran lia Coryell, a paralympian from Milwaukee, joined nearly 300 people at City Hall on Friday to celebrate military. walked back to the warm City Hall to eat some free.In nearly every other industry, the combination of stagnant growth, distressed valuations and need for consolidation would lead to a. With a market cap of under $25 billion, Standard Chartered Plc.

To be clear, I am talking about homeownership affordability. I am not talking about the rental market. Low-income families face myriad housing struggles, which I do acknowledge. But if you are a.

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Only about 19 percent of the homes for sale in Bergen County are within reach of the average middle-class family, a recent survey shows, while in Salem County, the number skyrockets to 92 percent.

Can the middle class still afford to buy a home in Seattle?. A new study by real-estate information company trulia reveals that, % of homes for sale within reach of middle class, 2013.

Keep on renting, middle class, or move to San Bernardino, where you can afford about 40 percent of what’s out there by Trulia’s numbers. · Where Buying a Home is Within Reach of the Middle Class.

chief economist at real-estate website Trulia. More from Quentin Fottrell: Half of Americans can’t afford their house Middle class will struggle to buy a home this year The kids aren’t buying homes.

‘Girl from the Bronx’ Alexandria Ocasio-Cortez, who beat high-ranking Democrat Joe Crowley, faces questions over her ‘working class’ background after it’s revealed she grew up in a wealthy suburb.