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Rising mortgage rates push affordability to historic lows

Floor Covering News

Washington, D.C.—Rising Davenport-Moline-Rock Island, Iowa-Ill. For the 12th straight quarter, Los Angeles-Long Beach-Glendale, Calif., According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), just 37.4% median income of $96,300. Elmira, N.Y. Bay City, Mich. Kokomo, Ind.

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Housing affordability declines in Q2

Floor Covering News

Washington, D.C.—Rising Davenport-Moline-Rock Island, Iowa-Ill. The least affordable markets in Q2 For the 11th straight quarter, Los Angeles-Long Beach-Glendale, Calif., According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), 40.5% median income of $96,300. Elmira, N.Y.

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NAHB: Housing affordability holds steady

Floor Covering News

Washington D.C.—Housing Meanwhile, Davenport-Moline-Rock Island, Iowa-Ill., Top five affordable small housing markets, according to NAHB, include: Davenport-Moline-Rock Island, Iowa-Ill. For the fourth straight quarter, Los Angeles-Long Beach-Glendale, Calif., Monroe, Mich. Sierra Vista-Douglas, Ariz. Napa, Calif.

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Housing affordability falls to lowest level since Great Recession

Floor Covering News

Washington, D.C.—Rising Davenport-Moline-Rock Island, Iowa-Ill. For the seventh straight quarter, Los Angeles-Long Beach-Glendale, Calif., Top five least affordable major housing markets—all located in California: Los Angeles-Long Beach-Glendale. median income of $90,000. Cumberland, Md.-W.Va.

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Housing affordability plunges in Q2

Floor Covering News

Washington, D.C.—Soaring Smaller markets joining Cumberland at the top of the list included Davenport-Moline-Rock Island, Iowa-Ill.; For the third straight quarter, Los Angeles-Long Beach-Glendale, Calif., The post Housing affordability plunges in Q2 appeared first on Floor Covering News. median income of $79,900.