|
|
Article: THIRD QUARTER HOUSING AFFORDABILITY INDEX FOR ALABAMA NOW AVAILABLE ON UNIVERSITY OF ALABAMA REAL ESTATE CENTER WEB SITE
- Article from:
- US Fed News Service, Including US State News
- Article date:
- November 17, 2008
CopyrightCopyright © HT Media Ltd. All Rights Reserved. Provided by ProQuest LLC. (Hide copyright information)
|
The University of Alabama issued the following news release:
The third quarter Alabama Housing Affordability Index is now posted on The University of Alabama's Center for Real Estate Web site at http://acre.cba.ua.edu/affordability_index.php.
The statewide housing affordability index is calculated as the ratio of the state's median family income to the income needed to buy and finance the state's median priced home. An index of 100 means that a family earning the state's median ...