Not exact matches
The firm argues that
median house prices should be no more than three times larger than gross
median household incomes to
remain affordable, and to prevent
housing bubbles.
Housing inventories are near historic lows and
median home
prices are near historic highs, yet supply growth in starter homes
remains insufficient to lure young buyers.
As for affordable
housing, the
median home
price in the Phoenix metro area
remains steady at $ 150,000.
Central Ohio
Housing Market
Remains Strong Based on information supplied today by the Columbus Association of Realtors, September 2016 saw a record number of homes sales in Central Ohio Takeaways 2,869 homes sold in September 2016 — a record for the month of September
Median sales
price +7.5 % since September 2015 Homes sold in September -LSB-...]
Both home
prices and mortgage interest rates are expected to edge up modestly as the year progresses, but
housing affordability will
remain very favorable with the
median - income household well positioned to afford a
median -
priced home.