Posts with tag affordable housing

10 Least Affordable Cities to Buy a Home

Looking to buy a home? You may want to skip these places. Prices are either so high or incomes so low that many families can't afford to buy homes here, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. %Gallery-172312% See more on CNNMoney: Fiscal battle over... Continue Reading »

Survey Says: Fewer Affordable Homes

By Les Christie NEW YORK -- It just got a little harder for most Americans to buy a home, according to an industry survey. Nearly 74 percent of the new and existing homes sold in the three months ended June 30 were affordable to families who earn the national median income of $65,000, according to the National... Continue Reading »

The Most Affordable U.S. Cities to Buy a House

The housing crash that began in late 2006 resulted in trillions of dollars in lost wealth and millions of families owing more on their mortgage than their houses are worth. But while the economic downturn has made it nearly impossible for many to sell their homes, prospective buyers in key metropolitan areas can get quite... Continue Reading »

George Lucas Proposes Affordable Housing Plan

By Les Christie The film emperor may be striking back. For 25 years, filmmaker George Lucas tried to persuade his Marin County, Calif., neighbors to let him build a digital production studio on his ranch there, but the area's residents thwarted the plan. So Lucas has come up with an alternative for his Grady Ranch... Continue Reading »

1 in 4 Spend More Than Half of Income on Housing, Study Says

In the wake of the housing bust, almost 1 in 4 working families spend more than half their income on housing costs, according to a new study. The study by the Center for Housing Policy found that both homeowners and renters continue to struggle with housing costs since the market tanked in 2008. Between 2008 and 2010,... Continue Reading »

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