Mortgage And Real Estate News

Wednesday, June 17, 2015

Millennials: Here's the salary you need to buy a house in Phoenix

We've all had that thought where it's like, "I don't even want to buy a home; it's way too much commitment." Then a little voice in your head goes, "But, I mean, could I do it?"

Well, get ready to be hit with the digits, courtesy of a new report from Bloomberg.

If you are 18 to 34 years old, living in Phoenix and thinking about buying a house, you need to earn a minimum salary of $28,547.

Read more... http://www.azcentral.com/story/news/local/phoenix/2015/06/10/what-salary-do-millennials-need-to-buy-a-house/28772943/

Reuters: Business News

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