Housing Affordability Rises to Highest Level in Four Years

With home prices decreasing and interest rates holding at historically low levels, the number of potential home buyers nationwide who can afford to buy new and existing homes has reached the highest level in more than four years, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) released today. According to the third-quarter HOI readings, 56.1 percent[...]

Atlanta is in the middle for home prices

A recent report by the Center for Housing Policy ranks nearly 200 metropolitan areas for housing affordability. Their purpose is to draw attention to workers who provide vital services -- teachers, firefighters, police officers, retail sales workers, nurses, restaurant workers and others -- who cannot afford to live in the communities they serve. Atlanta real estate landed pretty much in the[...]