Real Estate Infographic – Home Affordability

This Current State of Home Affordability infographic was put together by Creditscore.  It illustrates a number of interesting points.

  • More than 7 Million new privately owned housing units were authorized from Sept. 2009 to Sept. 2010
  • The Median price of a home is up 7x over 1940.
  • It would take the average american household 4 years to save enough money to buy a median priced home, if they spent on nothing else.

Real Estate Infographic - Home Affordability

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About the Author:

Adam Small is the CEO of Connective, LLC, which owns Connective Mobile and Digital Home Info. Connective Mobile is a text messaging solution offering group texting, subscription management, both SMS and MMS, and a robust API that's integrated as a third party solution for major marketing technology platforms. Digital Home Info is a Real Estate Marketing Platform that provides lead generation, digital marketing and CRM services to the real estate industry.