With Affordability Up, Home Buyers Return to the Market
RISMEDIA, April 11, 2009-Thanks to record low mortgage rates and declining home prices, 55 million families – or half of all U.S. households – can afford today’s $200,000 median-priced new home, according to figures released by the National Association of Home Builders (NAHB). “That’s an increase of 17 million households from conditions just two years … Continued