Home affordability hit a 3-year high during the 3rd quarter of 2019 with almost 64% of households able to afford a home if they earn the U.S. median income of $75,000, according to the National Association of Home Builders (NAHB). During the same period last year, only 56.4% of U.S. households could afford to purchase a home.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.
