How to Answer the Home Buyer Question: "What Can I Afford?"

Altos market data makes it easy to answer buyer and seller questions like a pro. One of the most common questions we hear is, "What can I afford?"

How to answer the age-old question

To tackle this question, we recommend looking at your Altos charts split into price ranges, using the “Market Segments” functionality, to see what’s happening in each price range.

• “You can see we’re in the upper middle of the market in your price range. There are 4 new homes on the market this week. It’s actually the most in-demand segment in town.”
• “It looks like, in your price range, you’d be able to afford a 3 bedroom 2 bath with about 2,400 sqft, but the inventory is very tight right now.”
• “You may be able to get more for your money in X neighborhood. Let’s take a look at what’s available there.”