The Relationship of Average Home Prices to Average Income

The Relationship of Average Home Prices to Average Income

Nov 11, 2011 in Vital Information
Analysis Concerning Tampa Bay Real Estate
The chart below represents the relationship between average incomes and average home prices in the Tampa Bay area.  Historically, average home prices hovered at nearly three times average income. In other words, if average income was $33,000.00, the a [...]

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