Affordability Edges Up in Fourth Quarter

Modest home price and interest rate decreases resulted in a slight increase in nationwide housing affordability in the fourth quarter of 2015, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). In all, 63.3 percent of new and existing homes sold between the beginning of October and end of December were affordable to families earning the... Read More ›...(read more)

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