Housing affordability at highest level since ‘The Odd Couple’ premiered on TV

According to the National Association of Realtors, housing affordability conditions have reached the highest level since recordkeeping began in 1970, while mortgage rates remain at near-record-low levels, but they are slowly rising. NAR's Housing Affordability Index rose to a record-high 206.1 in January, based on the relationship between median home price, median family income and average ...

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