Green Escrow Services, Inc

The Latest in Paperless Technology

  • Home
  • About Us
  • Find Us
  • Services
    • Real Estate Sales
      • What is Title Insurance?
      • Why Do You Need Title Insurance?
      • 21 Reasons for Title Insurance
    • Business Opportunity Escrow Check List
    • Bulk Sales & Liquor License Transfers
      • Liquor License Escrow
      • Liquor License Transfer / Business Opportunity Check List
  • Meet Our Experts
  • Order Form
  • Why Use Green Escrow?
    • How Is Green Escrow Different?
  • Resources
    • How the Escrow Process Works
    • East Bay Professionals
  • Blog
  • Customer Services
    • Useful Websites
    • Property Transfer Tax Rates
      • Additional Communities – Los Angeles
    • Profiles and Farms
You are here: Home / Real Estate / Home Prices Up, Wages Down

Home Prices Up, Wages Down

July 6, 2017 By Geoffrey Disch Leave a Comment

The combination of rising home prices (7.7 percent) and falling wages (1.4 percent) are the prime factors in U.S. home affordability dropping to a 9-year low.

Year-over-year home price growth was greater than wage growth in 87 percent of the nation’d housing markets, including 8 of 9 Bay Area counties. The U.S. median home price at the end of the second quarter was $253,000.

These factors, together with rising mortgage rates, have pushed affordability to the lowest point since 2008.

Share

Filed Under: Real Estate Tagged With: home affordability

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search our site…

Mortgage Calculator

Loan CalculatorMortgage Calculator
Mortgage CalculatorMortgage CalculatorLoan CalculatorLoan Calculator

$

%

years

%

$ per year

$ per year

%




$

years

%



Our clients say...

“I have been using Green Escrow Services for about a year. They provide impeccable service, quick turn times and a wealth of knowledge for all of my title and escrow needs. Green Escrow is always a step ahead of my requests and seems to read my mind!”
by Dave DiVecchio, CMG Mortgage

2010 Crow Canyon Place
Suite 212
San Ramon, CA 94583
Office: (925) 523-3232
Fax: (925) 523-3231

Real Estate & Business Information
Follow Us on FacebookFollow Us on LinkedInFollow Us on Yelp

Copyright © 2023 · Site by Last Laugh Creative