MySuburbanLife.com


Friend's E-mail:
  (maximum of 3 addresses separated by commas)
Your E-mail:
A Brief Comment (150 char max / 25 word max)
Article:

Salary of Nearly $53K Needed for Chicago Homes

By Randi PetrelloJust how much money do you have to make to buy a home here in Chicago? Not as much as you’d expect, according to a recent report. The report from HSH.com, publisher of mortgage and consumer loan information, found that residents of the Windy City need to earn a salary of $52,866.88 in order to afford the principal and interest payments on a home here. That’s down $1,699.83 from the previous quarter, the report said. Home prices are on the decline here, so the required salary fell, as well, the report said. The average home price here is $176,900, down 5.45 percent from the previous quarter. Mortgage rates are at 4.52 percent, making the monthly payment on a home about $1,233.56, according to the report. Zillow’s Home V

Security image:   
Note:the e-mail sent will contain information, such as your IP address (216.157.74.228), for purposes of tracking abuse. Use of this software to spam or harass individuals can and may result in penalties punishable by law.

[x] Close Window

Copyright © 2014 Suburban Life Media. All rights reserved.