Home Buying in 11215>Question Details

Mack Peterson, Home Buyer in Prospect Heights, Br...

When will houses cost 2.5 x the median household income again? http://www.ritholtz.com/blog/wp-content/uploads/2009/02/avg-house-avg-income.png

Asked by Mack Peterson, Prospect Heights, Brooklyn, NY Tue Feb 21, 2012

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Dear Mack:

Based on that graph you attached to your question I would think that it will be soon. In the end, we can never predict the future, at least not with 100% accuracy! ;)

Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
0 votes Thank Flag Link Wed Feb 22, 2012
When all the baby boomers are dead.
0 votes Thank Flag Link Tue Feb 21, 2012
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