Positive News On Real Estate » Affordable housing 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 Moody’s on Housing: “This is as affordable as it gets” http://www.positiveonrealestate.com/pr/954 http://www.positiveonrealestate.com/pr/954#comments Thu, 10 Feb 2011 16:46:28 +0000 admin http://www.positiveonrealestate.com/?p=954
3399631660 b54c741d8a m Moodys on Housing: This is as affordable as it gets

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“Based on incomes, this is as affordable as it gets,” said Mark Zandi, chief economist at Moody’s Analytics. “If you can get a loan, these are pretty good times to buy.”

Moody’s Analytics track the ratio of median home prices to annual household incomes in 74 markets. By that measure, housing affordability at the end of September had returned to or surpassed the average reached between 1989-2003 in 47 of those markets. Most economists believe the housing boom took off in 2003.

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]]> http://www.positiveonrealestate.com/pr/954/feed 0 Fannie Mae Survey-70% say now is a good time to buy http://www.positiveonrealestate.com/pr/803 http://www.positiveonrealestate.com/pr/803#comments Fri, 17 Sep 2010 23:00:55 +0000 admin http://www.positiveonrealestate.com/?p=803
3416816465 ef514e20c9 m Fannie Mae Survey 70% say now is a good time to buy
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A survey by Fannie Mae shows that 70 percent of Americans believe it is a good time to buy a home. That is up from 64 percent in January 2010. Still, 33 percent–up from 30 percent in January–say they’ll rent next time around. About 67 percent believe housing is a safe investment, down from 83 percent of people questioned in a similar survey in 2003. Reuters

Fannie Mae Survey 70% say now is a good time to buy

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]]> http://www.positiveonrealestate.com/pr/803/feed 0 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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