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Posts Tagged ‘Home Opportunity Index’


Home Affordability Reaches An All-Time High

Home affordability moved higher last quarter, boosted by the lowest mortgage rates in history, a rise in median income, and slow-to-recover home prices.

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Home Affordability Still Tops Nationwide

The National Association of Home Builders reports a Q2 2011 Home Opportunity Index reading of 72.6. Nearly 3 of 4 homes sold last quarter were affordable to households earning the national median income of $64,200.

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Home Affordability Still Soaring; New Records Reached

The National Association of Home Builders reports that Q1 2011 Home Opportunity Index reached an all-time high for the second straight quarter last quarter.

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Home Affordability Peaked Last Quarter; Purchasing Power Sinks 10%

Home affordability reached an all-time high in 2010′s last quarter. Unfortunately for home buyers, it’s been a different story since, however.

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Home Affordability Reaches Record-Levels… Last Quarter.

Prior to 2009, the Home Opportunity Index rarely topped 65. The index has remained above 70 ever since.

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Home Affordability Rankings For 225 Metropolitan Statistical Areas

With home prices holding firm and mortgage rates still dropping, home affordability is reaching new heights.

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Home Opportunity Index Ranks 225 Metro Areas For Affordability

With home prices still relatively low and mortgage rates trolling near their all-time best levels, home affordability is extraordinarily high in most U.S. markets.

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