Saturday, December 1, 2007

Affordability Index Increases

Starting this blog in the middle of the biggest real estate slump in a decade means that there is going to be a lot of bad news about housing. I don't want to be Pollyanna about the market but I am posting some good news for my first real informational post.

In the last few years we watched home buyers ability to buy a house slip away. This was especially rough on first time home buyers. It is one of the things that lead to the downturn in the Real Estate Market that we are experiencing now.

Now there is some good news for buyers in the Sacramento area. My guess is that news is going to keep getting better.
Source: Capital Public Radio
Spencer

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