Nationwide housing affordability slipped several notches as recovering markets witnessed significant firming of home prices in the second quarter.
Tag:
Wells Fargo Housing Opportunity Index
- Business Management
Near Historic Highs for Nationwide Housing Affordability, According to HOI
by Kacey Larsenby Kacey LarsenNAHB/Wells Fargo report 73.7 percent of new and existing homes sold in the first quarter of 2013 were affordable to U.S. families earning the median income.
WASHINGTON, Feb. 21, 2013 — Exceptionally low interest rates helped ensure a slight gain in…