Homebuyers' Investment Scores 15% Less House Than 7 Years Ago


Despite the month-to-month increase in home prices, some historical perspective is in order. While prices have gained 5 percent in the last year, they are still only level with housing values of around seven years ago. And the median home size is down to about 1,500 square feet. In fact, the incredible shrinking home is around 15 percent smaller than it was in 2003. But it still costs about the same. That's a pretty big (little) deal.
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Poll

With spring home buying season around the corner, will you consider buying?
Yes. Affordability is at a 30-year high, and I should be able to qualify for a mortgage.3077 (20.4%)
No, but I would if I could. Lending in my area is still tight, and I don't have that kind of cash on hand for a down payment.5156 (34.1%)
No, I'm holding out for an even better deal.2856 (18.9%)
Nope. It's a renter's life for me.4013 (26.6%)
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