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Tag Archives:housing affordability

Jul 28

Affordability

Affordability

Each month, the National Association of Realtors comes out with their Housing Affordability Index. The number is a composite of the median home price, average interest rate and median household income.  This gives you a reading on how affordable it is for the average family to own a home. On the graph below, you can see the Affordability factors going back to 1970.  A reading of “100,” the red line on the chart, means the average family makes just enough to qualify for the average home.  You can

Aug 21

Slow Down!

Slow Down!

Sometimes with 6 crazy little kids running around, breaking things and causing havoc, it is really hard to appreciate this stage of life. I feel like they can’t grow up fast enough.