And many small-car buyers can afford to pay higher prices.
It seems likely that what these older buyers will want, and can afford, is pampering.
The increases will stop, he said, only when first-time buyers can no longer afford to enter the market.
Not all buyers, of course, can afford such insouciant attitudes toward price.
Prospective buyers could no longer afford to buy vacation homes.
The down payment amount will also influence how much a buyer can afford.
At a rate of 8 percent or higher, many buyers can no longer afford as much house.
The low rates of recent years have helped buyers afford more expensive houses.
As salaries vary around the country, so too do the amounts first-time buyers can afford.
My ideas was to bring out a product that a first-time buyer could afford.