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Tag: monthly-payment

wide view of a dilapidated craftsman home, peeling paint, broken windows, holes in roof, on a Seattle neighborhood street on a rainy day

Homebuyers are taking on monthly payments 59% higher than at the 2007 peak of the previous housing bubble.

Posted on March 17, 2023 by The Tim

As of February, the monthly payment for the median-price single-family home sold in King County at current mortgage rates was $3,945. The good news: This is down from an eye-watering $4,758 in October. The bad news: It’s up dramatically from just a year prior, and 59% higher than what we saw at the peak of the previous housing bubble…

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Poll: Local Home Owners: How much is your monthly PITI payment?

Posted on September 16, 2012September 23, 2012 by The Tim

This poll was active 09.16.2012 through 09.22.2012

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The Consequences of a Market Full of Monthly Payment Buyers

Posted on June 12, 2009February 8, 2010 by The Tim

Here’s a brief quote from a post that appeared here in 2006 titled The Monthly Payment Buyer: In my opinion, it’s no wonder that home prices have gotten so out of whack with true fundamentals, when the first question someone asks in the home buying process is not “Is this house worth $XXX,000?” but rather…

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