Post by jbrob on Jul 9, 2024 5:29:42 GMT -5
Triad residential home markets reach 19-year low for affordability
Richard Craver
The affordability of the residential home markets in Davidson, Forsyth and Guilford counties reached at least a 19-year low during the second quarter, according to an Attom Data Solutions’ latest national report released last week.
Guilford was rated at 68 — the lowest index total for the Attom survey that launched in the first quarter of 2005.
By comparison, the scores were 75 in the first quarter and 76 a year ago.
For the purposes of the index, a score of 100 represents the equilibrium point of affordability. A score below 100 signifies less affordable, while above 100 signals more affordable.
...
For the other large North Carolina counties, Durham was at a record low 62, Mecklenburg County at a record low 59 and Wake County at a record low 62.
greensboro.com/eedition/page-a6/page_c0da02ca-2bb6-5837-b751-93c6382e58aa.html
Richard Craver
The affordability of the residential home markets in Davidson, Forsyth and Guilford counties reached at least a 19-year low during the second quarter, according to an Attom Data Solutions’ latest national report released last week.
Guilford was rated at 68 — the lowest index total for the Attom survey that launched in the first quarter of 2005.
By comparison, the scores were 75 in the first quarter and 76 a year ago.
For the purposes of the index, a score of 100 represents the equilibrium point of affordability. A score below 100 signifies less affordable, while above 100 signals more affordable.
...
For the other large North Carolina counties, Durham was at a record low 62, Mecklenburg County at a record low 59 and Wake County at a record low 62.
greensboro.com/eedition/page-a6/page_c0da02ca-2bb6-5837-b751-93c6382e58aa.html
