New stats provided by the Keller Williams funded research at Baylor University indicates that home ownership afford ability has never been better.
In 2011 is takes just 13% of the average salary to purchase a median priced home with a comparable down payment. The graph below shows the trend over the most recent years.
A mix of price, good supply and interest rates add to this equation. But it may not last long. Experts predict interest rates will go up to 6% by the end of 2012.
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