Posted To: Pipeline Press
Some New Yorkers like to think that they're at the Center of the Universe. But, though larger Java, in terms of islands, in Indonesia, is home to 135 million inhabitants versus Manhattan's 1.7 million. (And although Manhattan does have about 125,000 hotel rooms, it is less than Las Vegas' 152,000 and Orlando's 150,000.) What about housing affordability? Even though some homes have become more affordable in the past year, based on income growth, home prices in more than 70 percent of the country are more than the average worker can afford. Brooklyn and Manhattan have a dubious distinction: The largest share of income to buy a home at 115 percent . Lender Products and Services Congratulations to Frank Novak whom ACT Appraisal has hired as its new Coordinator/Account Executive...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://bit.ly/2FT0nHL
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