In Spring 1988, 43 percent of the Nation's 100.6 million families and unrelated individuals could qualify to buy a median-priced home in the region where they lived, using a conventional mortgage with a 5 percent down payment.

This Brief focuses on the demographic characteristics of families and individuals trying to buy homes. Does FHA financing help? What is the highest-priced home they can afford? Can they afford new houses? These are the questions this Brief tries to answer. The data were collected by the Survey of Income and Program Participation (SIPP).

Others in Series

Publication

Trade With the Pacific Rim

July 1991

This brief highlights data on U.S. trade, and trade with Pacific Rim countries, since 1980.

Publication

New First-Time Homeowners

September 1991

This brief focuses on new first-time owners, those who moved into their first home during the past year.

Publication

Housing of Single-Parent Families

April 1992

This brief focuses on single-parent families — in particular, their housing characteristics — and compares them to married-couple family households.

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Related Information

Housing Publications

Survey of Income and Program Participation Publications

Page Last Revised - October 8, 2021

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