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Rising mortgage rates push affordability to historic lows

Floor Covering News

Indianapolis-Carmel-Anderson, Ind. For the 12th straight quarter, Los Angeles-Long Beach-Glendale, Calif., There, 79.8% of all new and existing homes sold in the third quarter were affordable to families earning the area’s median income of $97,800. Top five affordable major housing markets: Lansing-East Lansing, Mich.

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Housing affordability declines in Q2

Floor Covering News

Indianapolis-Carmel-Anderson, Ind. The least affordable markets in Q2 For the 11th straight quarter, Los Angeles-Long Beach-Glendale, Calif., There, 84% of all new and existing homes sold in the second quarter were affordable to families earning the area’s median income of $97,800. Scranton-Wilkes-Barre, Pa. Pittsburgh, Pa.

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Housing affordability falls to lowest level since Great Recession

Floor Covering News

Indianapolis-Carmel-Anderson, Ind. 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. There, 85.2% Top five affordable major housing markets: Lansing-East Lansing, Mich. Toledo, Ohio.

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Housing affordability drops to 10 year low

Floor Covering News

Indianapolis-Carmel-Anderson, Ind. For the fifth straight quarter, Los Angeles-Long Beach-Glendale, Calif. Top five least affordable major housing markets—all located in California: Los Angeles-Long Beach-Glendale. There, 90.6% Top five affordable major housing markets: Lansing-East Lansing, Mich. Pittsburgh, Pa.

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NAHB: Housing affordability holds steady

Floor Covering News

Indianapolis-Carmel-Anderson, Ind. For the fourth straight quarter, Los Angeles-Long Beach-Glendale, Calif., Top five least affordable major housing markets, according to NAHB—all located in California: Los Angeles-Long Beach-Glendale. There, 89.1% Pittsburgh, Pa. Scranton-Wilkes-Barre-Hazleton, Pa.