The main reason is that the country right now is experiencing a huge influx of homes being purchased by first time buyers. Here’s a step-by-step process for what to do in: 1. What’s Your Payment Threshold?. Step by Step First Time Home Buyer’s Guide EzineArticles.com.
What Price House Can We Afford Statewide, the required housing wage to afford a two-bedroom house is $15.47 an hour, according to fair market rent, or what NLIC says calls "an estimate of what a family moving today can expect to.