Increases in home prices and mortgage rates have made sharp cuts to the housing affordability index. The most recent figure is 156. Should it hang at this level, it would mark the lowest affordability in 5 years. Even with the decline, a housing affordability index figure of around 150 would still ... » Learn More about National Housing Affordability Stress Test
Archives for October 2013
Real Estate Market Update San Fernando Valley, Los Angeles, CA October 6, 2013
Ron Henderson President/Broker of Multi Real Estate Services and a Gov't Affairs Chair for the California Association of Mortgage Professionals gives an overview of the present real estate market, inventory issues, and statistics for the San Fernando Valley region of Los Angeles ... » Learn More about Real Estate Market Update San Fernando Valley, Los Angeles, CA October 6, 2013