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Old 04-08-2025, 07:56 AM
Marine1974 Marine1974 is offline
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Default Income requirements currently

Quote:
Originally Posted by AMB444 View Post
Ok, all you smart people of TOTV.

I keep hearing from various sources that the real estate inventory is high right now and many properties are available.

What's your best guess or opinion on why this might be?

Thanks again for your responses!

It's impressive how much knowledge TOTV members have, so I do appreciate you all sharing your thoughts.
Currently the interest rates on a $400,000 home requires a $200,000 household income.
70 % of Americans purchasing a home with 20 % down payment do not qualify.