Affordability Index Hits An All Time High

Amonget all the bad news out there some good news emerged this last week. The median income affordability index hit a 20 year high. Yes you heard it right Twenty year high. What does that mean. Here are the facts: For a family currently making the median $65,000 a year, that's two adults making a little over $3000 a month you can afford 75% of the homes on the market. That's right 75% , … [Read more...]