NAHB: Affordability Turns Downward in Q2

Housing affordability took a turn downward in the second quarter of 2017, as home prices and mortgage rates moved opposite, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). Approximately 59 percent of homes sold in the second quarter were affordable based on the national median income, $68,000, a […]

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Education Linked to Homeownership in More Ways Than One

Countless case studies have established a connection between education and homeownership: generally, college graduates are more likely to own a home than non-graduates. A new study out of Trulia now shows that career stage, level of education and location can have varying degrees of influence on homeownership rates. Being college-educated typically boosts earning potential, which […]

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NAHB: Affordability Grows as Incomes Inch Up

The most affordable housing market in the country is the Youngstown-Warren-Boardman, Ohio major metropolitan area, where more than 92 percent of all homes sold in the first quarter of 2017 were affordable to those earning the area’s median income, according to the recently released National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI). […]

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