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Typical U.S. homebuyer must have an income of $107,000 a year

The income of a typical homebuyer in the United States surged to $107,000 from $88,000 last year, as home affordability precipitously worsened. ....

United States , Jessica Lautz , National Association Of Realtors , Census Bureau , National Association , Pacific Islander , Abc Action News , National News , Home Income , Home Prices ,

Detailed text transcripts for TV channel - MSNBC - 20101219:14:11:00

Pocket but there is a catch. the money may not appear in your pay stub as quickly as you think and not everyone is going to see the benefits. here to talk to me more about what the details of this tax cut is we have neil irwin. why will this mean nop more take home? it affects most people who draw a paycheck. italy take a while to get enacted. it s a 2% decline in the social security tax which means up to $106,000 in income they should see 2% more in their take home income after taxes which is going to be a little spark for this economy. should result in people having a little more money in their pockets come jan and able to spend a little more. can you give me how much? ....

Tax Cut , Pay Stub , Neil Irwin , Social Security Tax , Home Income ,