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Near Historic Highs for Nationwide Housing Affordability, According to HOI
WASHINGTON—The first quarter of 2013 held near historic highs in nationwide housing affordability according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). Between the beginning of January and end of March, 73.7 percent of new and existing homes sold were affordable to families earning the U.S. median income of $64,400.
“HOI results for the beginning of 2013 are little changed from what they were at the end of 2012, with Ogden-Clearfield Utah...
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