Denver Business Journal : Denver area's latest home affordability ranking looks dreary | Urban Villages

Inspiration/ 06.22.18

Denver Business Journal : Denver area’s latest home affordability ranking looks dreary

The Denver area has nearly the lowest home affordability in the country, according to a new study. Only one county in Michigan has a lower home affordability index, according to the second-quarter Attom Data Solutions 2018 U.S. Home Affordability Report. Attom¬†said its “affordability index (is) based on percentage of income needed to buy a median-priced home relative to historic averages, with an index above 100 indicating median home prices are more affordable than the historic average, and an index below 100 indicating median home prices are less affordable than the historic average.”…¬†continue reading original article