Incomes

Denton and Collin County continue to suffer from declining home affordability. A recent Q1 2018 report from Attom Data Solutions shows that several North Texas housing markets saw worsening affordability rankings compared to last year. Grayson and Ellis Counties were near the top of the list of the most unaffordable counties in the U.S. to buy a home based local home prices and weekly average wages. Grayson and Ellis rank high on the list due to the relatively low average wages and the recent bout of home price inflation that has far exceeded wage gains. [...]