Recently, you’ve probably seen stories here and there about people living in mini homes, a trend that has been gaining popularity and is an antidote to spending a lot on traditional homes. While looking at these mini homes, which usually only take up a few hundred square feet, it’s easy to see the appeal of living in such a home, but it’s also easy to see the limitations. We’ll … [Read more...]
Passaic County Affordability: The Monthly Payment You Need to Buy a Home in Passaic is as Low as it’s Been for the Past 20 Years
Homes in Passaic County are about as affordable as they have been in over 20 years. What do I mean by that? It’s simple. Basically, the monthly mortgage payment it takes to purchase the average-priced home in Passaic is about as low as it’s been since 1985. If you look at the attached graph, you’ll see what I’m talking about. On that graph, we’ve plotted the monthly … [Read more...]
Bergen County Affordability: The Monthly Payment You Need to Buy a Home in Bergen is as Low as it’s Been for the Past 35 Years
Homes in Bergen County are about as affordable as they have been in over 30 years. What do I mean by that? It’s simple. Basically, the monthly mortgage payment it takes to purchase the average-priced home in Bergen is about as low as it’s been since 1985. If you look at the attached graph, you’ll see what I’m talking about. On that graph, we’ve plotted the monthly payment … [Read more...]
Dutchess County Affordability: The Monthly Payment You Need to Buy a Home is as Low as it’s Been for the Past 15 Years
Homes in Dutchess County are about as affordable as they have been in over 13 years. What do I mean by that? It’s simple. Basically, the monthly mortgage payment it takes to purchase the average-priced home in Dutchess is about as low as it’s been since 2002 – and probably well before that. If you look at the attached graph, you’ll see what I’m talking about. On that … [Read more...]
Putnam County Affordability: The Monthly Payment You Need to Buy a Home is as Low as it’s Been for the Past 15 Years
Homes in Putnam County are about as affordable as they have been in over 13 years. What do I mean by that? It’s simple. Basically, the monthly mortgage payment it takes to purchase the average-priced home in Putnam is about as low as it’s been since 2002 – and probably well before that. If you look at the attached graph, you’ll see what I’m talking about. On that graph, … [Read more...]