Tag: housing affordability index

  • Home Affordability Likely Hit Record High in 2012

    Home Affordability Likely Hit Record High in 2012

    2012 will probably go down as the most affordable year on record for homebuyers, according to the National Association of Realtors. A combination of depressed home prices and rock-bottom interest rates created perfect-storm home buying conditions that Americans may not see again for decades, experts say. NAR's... Continue Reading

  • Trifecta of Good News Boosts Real Estate Market

    Trifecta of Good News Boosts Real Estate Market

    In what may go down as a banner day for the housing market, three pieces of good news out today point to the possibility of a recovery on multiple fronts. Homebuilder confidence hit a five-year high, while housing affordability -- an index based on the relationship between median home prices, median family... Continue Reading