Housing Cycle Barometer

Nude_IHB

New member
Dave0 at seattlebubble.com/forum/ posted a new website*

Orange County specific info as of 5/07:

Current Price: $693,000

Current Down Payment: $138,600

Current Income: $77,983

Down Payment/Income ratio: 178%

Current Annual Mtg Pymnt: $42,797

Mortgage/Income ratio: 55%

Housing Costs/Income ratio: 80%

>

I thought I'd share the link for all the stat-hungry folks here.

*Disclosure: I grew up in Orange County, including Irvine for a few years. I now own a home near Seattle. Knowing that OC can serve as a bellweather for California (and therefore for the country as a whole), I started stalking IHB to get a better understanding of our own RE market here in King County.
 
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