Offering another reason to believe the housing industry – and economy as a whole – is strengthening, the NAHB/Wells Fargo Housing Opportunity Index reported that nationwide housing affordability has reached a record high.
Based on households earning the national median income of $64,400, 2010’s fourth quarter saw a record level of 73.9 percent affordability… the highest it’s been in the 20 years of the index’s existence.


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