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Lone Star State Housing Affordability Slips as Costs Outpace Income Growth - The MortgagePoint
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Lone Star State Housing Affordability Slips as Costs Outpace Income Growth - The MortgagePoint
Even though incomes are rising, education levels are improving, and poverty is decreasing, affording life in Texas is becoming more challenging, according to new data from the Texas Tribune and the Census. U.S. Census Bureau data released Thursday indicate that, although the state has experienced strong economic growth since the beginning of the decade, Texas incomes have not kept up with national averages. Moreover, housing costs in the state h…
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