San Francisco Home Prices: "This Is Troubling"

Discussion in 'Finance Related News' started by admin, Apr 6, 2016.

  1. admin

    admin Administrator Staff Member

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    The following chart from the Paragon Real Estate Group, showing median house prices in San Francisco, is troubling, for reasons which do not need an explanation.
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    And here is a bonus chart:it shows the minimum amount of qualifying income one needs to purchase a "median priced house" based on prevailing prices and mortgage interest rates, with 20% downpayment, including taxes and insurance.
    [​IMG]
    Source: Paragon
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