| The latest data from the Wells Fargo Housing Opportunity Index, in conjunction with the National Association of Home Builders puts housing affordability in the US at a 20 year high. According to the data 75% of housing in the country is now affordable to families earning the national average salary $64,200.
This is great news of course, especially with interest rates at record lows, unfortunately credit is still in a stranglehold allowing only those with impeccable credit histories to even think about buying with a mortgage -- not to mention worries over the economy putting a dampener on sentiment..............................................Full Article: Source
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