Housing still remains affordable

Author: Brian Olsen  //  Category: Real Estate

The National Association of Home Builders/Wells Fargo Housing Opportunity Index showed in the first quarter of this year that 72.2% of families earning the national median income of $63,800 could afford to purchase a new or existing home. That number is slightly higher than the previous quarter and near the record-high 72.5% set during the first quarter a year ago.

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