affordability

Housing Opportunity Index Shows Housing Affordability Edged Up in Fourth Quarter, 2014

(Jeff Sorg – OnlineEd) – According to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) released February 19, 2015, lower interest rates and home prices across the country contributed to a slight increase in nationwide housing affordability in the fourth quarter of 2014. “This upturn in affordability for the final quarter of 2014