Brooklyn Named Least Affordable Place in the US

Brooklyn is well known for many things, but this list has a just got longer as it is been named the least affordable place in which to buy a home in the United States. Apparently residents in Brooklyn would have to spend nearly 98% of the median income in order to be able to afford […]

Home Affordability on the Rise throughout the USA

Home affordability in the US is on an upward trend, as 74.9% of homes sold in the fourth quarter of 2012 were deemed affordable to families with a US median income of $65,000, up from the 74.1 percentage of the previous quarter. These are the findings of the latest National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI).

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