#prominet

[sleepdeprivedbutcute]

You can thank me in three years.

[prominentescrow-blog]

Housing Affordability Record

The NAR presents the affordability data in its annual national Housing Affordability Index (HAI). According to the NAR, the index is “is calculated on the relationship between median home price, median family income and average effective mortgage interest rate.” Record keeping for this index began in 1970, and as the index increases it reflects a stronger household home purchasing power.

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