02/29-How to afford a house

According to Bankrate.com, home prices are so high that nearly half of would be home buyers say they earn too little to afford a house. With the typical price of a home in the U.S. at $379,100 in January, a buyer would need an income of $115,000 to afford a home at this price with 20% down. So what’s the solution? We’ll have some answers for you.

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Compliance Disclosure: This program is for informational purposes only and should not be considered investment, tax, or legal advice. The views expressed are those of the participants and may not reflect the views of Sanchez Gaunt Capital Management. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional regarding your individual situation before making financial decisions.