This is how long it will take you to save up a down payment in Houston
Twenty years ago, a gallon of gas was about a dollar, and it took 5.5 years to save for a down payment on a home. Since the good ol’ days of ’98, home values have skyrocketed — nearly twice as much as incomes — and the average time to save for a down payment has gone up to seven years. But don’t fret too much. Some Texas cities come in below the U.S. average, and…
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