The issue of affordable housing has long been a material factor in political and investment decisions. During the first quarter of 2018, affordability, as measured by the average share of income needed to buy a median-priced house was at its worst since the third quarter of 2008, according to “Attom Data Solutions”. Attom is a … Continued
Trulia, an online residential real estate site for home buyers, sellers, renters and real estate professionals, has recently provided data suggesting that rising housing prices are putting America’s largest metropolitan areas out of reach for teachers and first responders. Trulia’s study defines affordability as a household spending 31% of its monthly income on housing, assuming … Continued
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