Sunday, May 21, 2006

Sacramento New Homeowners Spend 60% of Paycheck on Housing?

From the Sacramento Bee:

Sandy Sargent, a Sacramento real estate agent, believes many new Sacramento-area homeowners spend 60 percent of their paychecks for housing-related expenses that include a mortgage, utilities and taxes. "People will do almost anything to get themselves in a home," she said.

1 comment:

Happy Renter said...

Ziprealty updated their folsom data.
More declines.