{"id":776,"date":"2011-11-28T21:43:14","date_gmt":"2011-11-29T02:43:14","guid":{"rendered":"http:\/\/www.orangesand.com\/?p=776"},"modified":"2011-11-28T21:43:14","modified_gmt":"2011-11-29T02:43:14","slug":"near-record-lows-for-housing-affordability","status":"publish","type":"post","link":"http:\/\/www.thebains.com\/blog\/2011\/11\/28\/near-record-lows-for-housing-affordability\/","title":{"rendered":"NEAR RECORD LOWS for HOUSING AFFORDABILITY"},"content":{"rendered":"<p>Ultra-low interest rates mixed with stabilizing home prices continued to push housing affordability in the 3rd quarter near its highest levels in more than 2 decades, according to the latest National Association of Home Builders\/Wells Fargo Housing Opportunity Index.\u00a0 For the 3rd quarter, 72.9% of all homes sold were affordable to families earning the national median income of $64,200.\u00a0 Prior to the past 11 quarters the Index rarely was above 60%.\u00a0 With interest rates at historically low levels &amp; markets across the country\u00a0are now within the reach of more households than it has been for nearly decades,\u00a0 according to Bob Neilson, chairman of the National Assoc. of Home Builders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ultra-low interest rates mixed with stabilizing home prices continued to push housing affordability in the 3rd quarter near its highest levels in more than 2 decades, according to the latest National Association of Home Builders\/Wells Fargo Housing Opportunity Index.\u00a0 For the 3rd quarter, 72.9% of all homes sold were affordable to families earning the national [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/776"}],"collection":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/comments?post=776"}],"version-history":[{"count":0,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/posts\/776\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/media?parent=776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/categories?post=776"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.thebains.com\/blog\/wp-json\/wp\/v2\/tags?post=776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}