Buy a house in Prescott, WI - Homes More Affordable Than Anytime In 20 Years

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Mortgage and Lending with Bridgeview Bank

Homes are more affordable now than anytime in the past 20 years, according to the National Association of Home Builders Housing Opportunity Index. The index measures the percentage of homes affordable to a family making the national median income of $64,200. During the fourth quarter of last year, more than 75 percent of all the new and existing homes sold nationwide were affordable, the highest percentage in the index’s 20-year history. Barry Rutenberg, chairman of the National Association of Home Builders, said that report indicates that homeownership is within the reach of more households than it has been for more than two decades. 

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Topic:
Home Buying
Location:
Wisconsin Pierce County Prescott
Tags:
1st time homebuyer
freddie mac
fannie mae
conventional
va
fha
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mortgages
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Ryan Magee

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