Housing To Get More Affordable Again?
December 1st, 2006 by Ian
According to the National Association of Realtors (NAR) housing in the United States may be becoming more affordable in 2007, but not by much. In 2004, the Housing Affordability Index was 134, then 122 in 2005, and has fell all the way to 103 for the part two quarters of 2006. The NAR says next year it will get up to 109.
I noticed this website called Neighboroo in the past week. It is an interesting map of home prices and other demographic data. No surprises by looking at it. The red areas are the coastlines, particularly California and the Northeast.
