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Update on Home Affordibility.

Wow!! the National Association of Realtors just released the affordibility index for November 2008, it has reached 142... On this index the higher the number the more affordable it is to buy a home based on interest rates, median home prices, and median income ... This truly is one of the best times financially to purchase a home even compared to anytime in the past 20 to 30 years!!! Great rates, Great prices, things are looking good for 2009.

Posted by Chad Stewart on 01/01/2009 04:27 PM

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Home Affordibility Index Updates in the Real Estate Market Channel

home affordibilty index, lake city fl economic conditions, lake city fl homes, home sales, mortgage rates

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What does the graphic say?