From RISMedia-Nationwide housing affordability jumped 10 percentage points during the
first quarter of 2009 to its highest level since the series began 18
years ago, according to the National Association of Home Builders/Wells
Fargo Housing Opportunity Index (HOI). The HOI showed that 72.5% of all
new and existing homes sold in the first quarter of 2009 were
affordable to families earning the national median income of $64,000, up from 62.4% during the previous quarter and up from 53.8% during the first quarter of 2008. Read more here.
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Next month, I and my family are moving to Franklin and it is the first time I am going to buy home. There are number of mortgage options available for people who are looking to buy home for first time.
Posted by: mortgage tennessee | October 07, 2011 at 01:32 AM