How much do you have to earn to buy a median-priced home?

The National Association of Realtors put together the infographic below with 5 of the most Millenial-Friendly Cities… the most affordable cities for first-time homebuyers. Good news… Minneapolis made the list, even more affordable than most big cities, and the employment rate dropped even more last month to 4.3%.

Median home price in Minneapolis is $212,900. According to the info below, to purchase a median priced house in Minneapolis with a 5% down payment a buyer would need to earn $47,928. Ready to buy your first home and want to learn more?

NAR_Millenial%20Infographic%20Final

Sharlene Hensrud, RE/MAX Results – Minneapolis REALTOR

Email the team at HomesMSP: SharleneJohnAngela

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I love what I do! Highly insightful, analytical and creative, there is nothing I love more than helping you find the right solution for your real estate transition. My mission is to serve my clients with honesty and integrity, exceeding their expectations in service and support… and to help others by donating a portion of every transaction to Habitat for Humanity.

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