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House Purchase Advice
#59
Apoc Wrote:
Steve85 Wrote:For "household income" yes, but I was wondering what types of properties are used in the "median home price" index. I doubt apartments would fit into such an index very well.

Anything that is bought and sold, so condos are included... but the numbers above are median household income.

Yes I realize that the figures immediately above were income, it was pretty clear. As I thought my response was, indicating that I knew those figures were "household income" and my question was about "median home price"

I was thinking out loud about a statistic most widely used to determine the direction of home values and there affordability relative to the area's income in a thread discussing home values, their direction, and thier affordability. I didn't think it was much of stretch... :dunno:
Current: 1985 LS1 Corvette | 2014 328i Wagon F31
Former: 2010 Ford Edge | 1999 Integra GS
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