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 / One-third of US households pay more than 30 percent of wages on housing

One-third of US households pay more than 30 percent of wages on housing

June 28, 2018 By Geoffrey Disch Leave a Comment

The term is “cost-burdened” and it means those households paying more than 30 percent on housing. That number now stands at 38 million in the United States. The problem is even worse for renters where 21 million pay more than 30 percent and 11 million pay over half of their income in rent.

The problem is that incomes have not kept pace with the growth of the economy, made even worse by the ongoing shortage in housing inventory.

There is a bit of good news, at least on the rental front. While rental prices have grown by 3.7 percent average, some markets are reporting increasing vacancies which should cause a slowdown in price gowth.

Share

Filed Under: Real Estate Tagged With: housing prices

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Your email address will not be published.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...

“In my 30 years of doing business with escrow and title companies, my experience with Green Escrow is among the best and is at the highest level. Anytime I have the opportunity to suggest a service provider for title and escrow, I passionately recommend Green Escrow… they are responsive, intelligent and great professionals to have representing my clients and me. Thank you!”
by Glenna Nickerson, Sierra Pacific 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