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   ocr: BUYING A HOME Recent Home Buyers- General Uharacterastics: 1980 to 1987 Source: 0.5.5tatistical Abstract Thousands of dollars Dollars 140 Median price of House Average Monthly Mortgage 1600 120 Payment 1400 100 1200 80 1000 60 80U 20 - - - - Elll - 200 400 40 - - - - - I - IIIIIIIE - - - - - - - - 600 0 1980 "82 '84 '86 "87 1980 82 "84 "86 B7 Percent Percent 50% Downpayment to Sales Price 40 Mortgage Payment As Percent 40% of Income 30 30% 20 20% - - - L - - - ETIIL - 10 10% - - - - - - - - 0% - 1980 '82 86 '87 1980 '82 84 '86 "87