Home Affordability Q1 2011

Home affordability moved higher last quarter, buoyed by stable mortgage rates and falling home prices in Virginia and nationwide. The National Association of Home Builders reports that Q1 2011 Home Opportunity Index reached an all-time high for the second straight quarter last quarter.

Nearly 3 of 4 ...

27.05.11 04:10 PM - Comment(s)

Home Opportunity Index 2004-2010

Home affordability reached an all-time high in 2010's last quarter. Unfortunately for home buyers in Virginia , it's been a different story since, however.

As mortgage rates cratered, and with home values soft, the Home Opportunity Index reached its highest level in 20 years. The index is published b...

08.03.11 05:45 PM - Comment(s)

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