Median incomes tell you something about how many people in a city can afford a home. According to HSH.com (a trusted mortgage resource), Denver is wedged between Portland and Seattle as the 18th most affordable city out of 25, requiring an annual salary of $48,122 to afford a median-priced home here. Meaning, Denver is the […]
Pending Home Sales Index Rises Back Above 100
February 18, 2012 by Leave a Comment
Low home prices and mortgage rates have combined to push home affordability to record levels nationwide. Home buyers are taking advantage.