By: Kevin Pryor May. 17, 2018
A recent study by gavop shows that homeowners with a mortgage in Florida paid 33.3 percent of their income towards housing costs, which is higher than the national average of 30.9 percent. Additionally, homeowners in Florida with a mortgage had a median yearly housing costs of $16,920 in 2016, which is just $912 below the national value of $17,832.
The following table shows Florida’s mortgage cost figures to national ...
By: Kevin Pryor May. 07, 2018
A recent study found that homeowners with a mortgage in New York allocated 39.5 percent of their income towards housing costs compared to 30.9 percent at the national level. Specifically, homeowners with a mortgage had a median yearly housing cost of $24,240 in 2016, which is $6,408 more than the national value.
When the state’s median income of $62,909 is factored in, those with a mortgage had to ...
By: Ramu Garuda May. 04, 2018
The majority of mortgaged homes in California are of households that have an annual income of over $100,000. Households in this income bracket were also the only ones to witness an increase in mortgages from 2009 to 2016, while there was a decrease in homes of lesser household income levels being mortgaged during the same period.
This information comes from a recent study by Gavop that used data from the U.S. Census ...
By: Kevin Pryor May. 03, 2018
A recent study shows that from 2009 to 2016, the proportion of mortgaged homes in Texas increased only in case of households that had an annual income of over $100,000. Conversely, households with an income of between $50,000 and $100,000 and those with an income of under $50,000 experienced a decrease in the proportion of mortgaged homes.
Gavop used figures from the U.S. Census Bureau to produce a study ...
By: Kevin Pryor May. 02, 2018
Gavop, using data from the U.S. Census Bureau, analyzed housing costs as a percentage of income for mortgaged homeowners in California. In this study, all the counties in California were ranked from the highest to the lowest values.
The figures show that homeowners with a mortgage in California paid 39 percent of their income towards housing costs compared to 31 percent at the national level. Homeowners in California with a mortgage had a ...
By: Ramu Garuda Apr. 26, 2018
A recent analysis shows that there was a large increase in the number of mortgaged homes for households with an annual income of over $100,000. Additionally, there was a decrease in mortgages for homes of with lower household incomes on both state and national levels. The information was produced by Gavop which used the latest data from the United States Census Bureau to create a county level study on real estate trends in ...