Daily Archives: August 27, 2010

More Home Prices Affordable 3

Have you heard of the Housing Opportunity Index? It was developed by the National Association of Home Builders and Wells Fargo to measure how affordable housing is around the country. Well, they’re reporting that housing affordability is near its highest level in the past two decades. And it’s been this […]

Home Prices affordable

foreclosures from negative equity

Underwater Homes Down

Two quarters in a row the number of homeowners classified as “underwater” has declined. That means that “only” 11 million homeowners owe more than their homes are worth. (In case you were wondering, that’s 23% of ALL residential properties with mortgages.) So how did this happen? Did home prices go […]