Home Affordability

Home Affordability Still Tops Nationwide

by David Lukas September 9, 2011

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.

Share
Continue Reading

For Clues About The Future Of Mortgage Rates, Watch For Inflation

by David Lukas March 19, 2010

If you’re trying to gauge whether rates will be rising or falling, one keyword for which to listen is “inflation”. Mortgage rates are highly responsive to inflation.

Share
Continue Reading

Existing Home Sales Plummet In December, But It Was Expected

by David Lukas January 26, 2010

Just one month after from blowing away Wall Street, December’s Existing Home Sales hit the skids, shedding nearly 17 percent and falling to a 4-month low. Don’t be alarmed, though. It was expected.

Share
Continue Reading