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Terry Story’s Real Estate Survival Guide podcast includes her weekly round-up on NPR's "The Steve Pomeranz Show," WLRN and affiliates. The show provides expert advice in all aspects of the real estate transaction from listing to negotiations; to sales and purchase and everything in between.
Episodes
Friday Jan 26, 2018
Friday Jan 26, 2018
While it sounds absurd, homes are apparently more affordable now than they were 20 years ago. Although the monthly mortgage payment on a median-priced home is $100 higher than a year ago, as of September 2017, mortgages on a median-priced home (also called the payment-to-income ratio) took a 21.4% bite of median nationwide income, which is significantly down from 24.2% from 1995 to 1999, and 26.2% from 2000 to 2003. Terry’s message to buyers on the sidelines: While prices have risen, this is a great time to buy; so don’t wait, buy now!
Dec 6, 2017
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