Real Estate Term of the Day: Housing Affordability Index

Real Estate Term of the Day: Housing Affordability Index HOUSING AFFORDABILITY INDEX – a statistical indicator of the ability of households in an area to purchase housing at prevailing prices with currently available financing. Most commonly used indexes compare the amount of income of the typical household in an area to the required monthly payment of … More Real Estate Term of the Day: Housing Affordability Index

February 2015 Market Report is Now Available

::Download Now:: Excerpt: “The record low supply, coupled with strong demand, bodes well for continued home appreciation, which means prospective buyers should act promptly on order to avoid additional price increases while taking advantage of mortgage loan rates that remain below four percent.” Residential Highlights: Source: RECOLORADO.COM