mueller: How Much Home Can the Austin Home Buyer Afford? - 01/06/12 01:58 AM
My friend Garreth Wilcock wrote a good piece on how to determine what home buyers can afford. Its a nice short read, but gives insight on how to figure out what price home you can afford. Thanks Garreth!
While writing about the Affordability Gap for homes at Mueller Austin Texas, I realized it would be a good idea to recap on how much home a buyer can afford and relate this to the Austin Median Family Income (MFI).
MFI is measured by metropolitan area by the Department of Housing and Urban Development. In Austin in 2011, the median family income for … (4 comments)