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Yearly Archives: 2012

HUD: Home Affordability at 40-Year High

Tue Jan 17, 2012 on Blog

More good news for home buyers from the Department of Housing and Urban Development, who said in their latest housing scorecard that homes haven’t been this affordable since 1971, when Richard Nixon was president. In this latest report HUD announced the October 2011 affordability index was 197.8. Compare that to the height of the house price bubble in 2006, when it […]