Positive News On Real Estate » Best Affordability In 18 Years http://www.positiveonrealestate.com Positive Real Estate News Thu, 09 Feb 2012 15:34:35 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Best Affordability In 18 Years http://www.positiveonrealestate.com/pr/323 http://www.positiveonrealestate.com/pr/323#comments Fri, 22 May 2009 20:19:41 +0000 admin http://www.positiveonrealestate.com/?p=323 Wow-Housing Affordability Highest in 18 Years!
Nationwide housing affordability jumped 10 percentage points during the first quarter of 2009 to its highest level since the series began 18 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI).

The HOI showed that 72.5 percent of all new and existing homes sold in the first quarter of 2009 were affordable to families earning the national median income of $64,000, up from 62.4 percent during the previous quarter and up from 53.8 percent during the first quarter of 2008.

From http://charrissacawley.com/

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