Home buyers need to earn $47,000 more than in 2020 [Yahoo! Finance]
Premier, Inc. - Class A (PINC)
Last premier, inc. - class a earnings: 2/4 07:00 am
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Source: Yahoo! Finance
Those shopping for homes today need to make more than a year to comfortably afford a home. A mortgage payment on a typical U.S. home has nearly doubled since 2020. Pittsburgh Memphis and Cleveland are the most affordable markets. Households in California need to make the most money to afford a home. SEATTLE Feb. 29, 2024 /PRNewswire/ -- Home shoppers today need to make more than to comfortably afford a home, a new Zillow® analysis finds. That is 80% more than in January 2020 , showing how the math has changed for hopeful buyers, who are more often partnering with friends and family or "house hacking" their way to homeownership. In 2020, a household earning annually could comfortably afford the monthly mortgage on a typical U.S. home, spending no more than 30% of its income with a 10% down payment. That was below the U.S. median income of about , meaning more than half of American households had the financial means to afford homeownership. Now, the roughly needed to comforta
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PINC
News
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PINC
Earnings
- 2/5/24 - Beat
PINC
Analyst Actions
- 2/26/24 - Leerink Partners
PINC
Sec Filings
- 4/16/24 - Form 8-K
- 2/13/24 - Form SC
- 2/7/24 - Form 8-K
- PINC's page on the SEC website