Home Opportunity Index (2005-2012)Home affordability moved higher last quarter, boosted by the lowest mortgage rates in history, a rise in median income, and slow-to-recover home prices throughout Virginia and the country.

According to the National Association of Home Builders, the quarterly Home Opportunity Index read 75.9 in 2...

06.03.12 04:45 PM - Comment(s)

Home Opportunity inde 2005-2011Home affordability slipped slightly last quarter, dragged down by rising mortgage rates and recovering home prices in Virginia and nationwide.

The National Association of Home Builders reports a Q2 2011 Home Opportunity Index reading of 72.6. This means that nearly 3 of 4 homes sold last quarter were...

09.09.11 04:01 PM - Comment(s)

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