housing affordability index - Articles

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 Housing... Continue Reading »

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 incomes, and... Continue Reading »

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