[quote=Eugene]
Once we drill down to the actual group of homebuyers, their median income will not be 70k any more, it will probably be closer to 100k.[/quote]
In my little shop I have three first-time-home-buyers and two more are looking. They make $35-$55K/year and those that are married or have domestic partners have their combined income unchanged since the spouse is a pregnant student and the domestic partner is unemployed.
