Episode 153: Housing Affordability: Real Numbers for a Home Purchase under $1 Million


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Feb 12 2024 23 mins   1

Stacy and Erin sit down with mortgage guru Bill Payne using the Charleston market as a case study to discuss the nationwide issue of housing affordability. How much are first time home buyers earning? How much are they spending on a home? Has credit card debt become more of an issue? Tune in to hear some things they advise first timers to think about before they make a decision, as well as options for parental help or a co-signer on a mortgage if they don't have the ability to do it on their own. If you are considering purchasing a home in Charleston under $1 million, buying your first home, or know someone who is - this is a quick and valuable episode that will give you a greater understanding of what the reality is for these buyers in today's market.

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Today’s episode is brought to you by Bill Payne NMLS ID#: 283298 with First Home Mortgage