Expert Advice Part 6: Affordable Housing

Could you use some affordable housing advice in Alpine, TX? You’ve come to the right place. Many are struggling in today’s marketplace to find affordable housing in Texas. Several factors are affecting these conditions.

Following is an overview of some of the most important aspects of affordable housing advice in Alpine, TX. For additional information, contact your local experts at Carpenter Real Estate.


A good principle of affordable housing advice in Alpine, TX is to look for housing that requires less than 25 percent of your income. When you spend more than this on housing, you don’t have enough left over to adequately meet other needs or pursue other interests. Of course, those with lower incomes may find this challenging. Fewer housing options exist when you limit a small budget to a low percentage. However, this is essential for financial success.


In order to make things more affordable, some Texans may look to rental options. While this may work out well for some, it’s important to note that rent typically uses more of your paycheck than a mortgage. Renters are far more likely to exceed the recommended 25 percent of their income allotment for housing. Consult with a realtor in Alpine, TX to determine your options for buying, as you might be better off in the long run.


It is common for areas to develop concentrations of poverty. Research has shown that it is more difficult for those living in concentrated poverty to move up and out of these conditions. Affluent neighborhoods offer more prospects for jobs, health care and education. Areas of concentrated poverty lack these opportunities which can help people climb to a higher socio-economic status. If you’re looking for affordable housing advice in Alpine, TX, your local real estate agents can advise you which areas are best for investment.


In addition to applying the 25 percent rule to housing expenses, those seeking affordable housing advice in Alpine, TX should follow the 2.5X principle. When purchasing a home, the buyer should consider properties that cost around 2.5 times his or her annual income. Of course, buyers don’t have to spend this much, but this amount should not be exceeded. If it is, the buyer will wind up spending a significant percentage of his or her income on housing expenses.


Those seeking housing at the lower end of the price range may find it difficult to find many options. These homes are being built less frequently due to the costs involved. While they can still be found in some areas, it will prove helpful to work with a realtor who has knowledge of when and where to look for the best deals.

Find Affordable Housing

When you need affordable housing advice in Alpine, TX, contact the experienced professionals at Carpenter Real Estate. Family owned and operated, our company has been the go-to source for real estate throughout the area since 1947. We have deep roots in the surrounding communities, and our knowledge and experience make us an invaluable source for affordable housing. Call us today for a free consultation.