The latest affordability report from Zillow shows that rents in the US are become less affordable. In the second quarter of 2015, rents hit the least affordable point to date, with renters in US markets spending an average of 30.2% of monthly income on rent payments.
Mortgages, however, continue to be affordable to many buyers. Home buyers today will pay an average of 15.1% of their monthly income on mortgage payments. This is much more affordable than the 21.3% buyers were paying prior to the housing bubble burst.
Metro Atlanta has consistently been one of the most affordable housing markets in the nation. In June 2015, Zillow gave Atlanta top rankings for the availability of affordable homes. If you are currently renting, there has never been a better time to purchase your new home! Richardson Housing Group (RHG) invites you to visit our four beautiful communities in Gwinnett and Jackson Counties. RHG builds new homes with a variety of home designs and the custom features buyer want most, all at incredible prices.
Brookside Crossing – New homes in Auburn from the $200s
Kelly Mill – New homes in Loganville from the $170s
Mulberry Springs – New homes in Dacula from the mid $200s
Heritage at Jefferson – New homes in Jefferson from the $200s
Richardson Housing Group builds new homes in Atlanta. For more information on our new home communities in Gwinnett and Jackson Counties, including available homes, photos, floorplans, and more, visit us online at www.RHGHomes.com. To keep up-to-date on the latest news and offerings by RHG Homes, check us out on Facebook at www.facebook.com/RHG.homes. You can also catch up with us on Twitter and see footage of our beautiful new homes and communities on YouTube!