Cary & Surrounding Area: AFFORDABILITY

Home Affordability in Cary & Surrounding Area Hits 25.4% This Month

Real estate professionals are the best resource for their customers’ housing and marketplace questions. When your buyers and sellers ask, “How does affordability in Cary & Surrounding Area stack up?” the following information on home affordability will help you answer real estate marketplace questions and can provide you with a detailed report on all of the zip codes that make up the Cary & Surrounding Area marketplace. When looking at what makes homes in a certain area affordable to buyers, factors including home prices, mortgage rates and household income are key. The Affordability Index, provided by HouseCanary, measures median household income relative to the income needed to purchase a median-priced house. This week for Cary & Surrounding Area, the data show:

Property lookup: What is the risk of home values decreasing in your area in the next year? Enter a property street address followed by the zip code to find out: see the link below-

http://rismedia.com/msa-branded/?msa=39580-605&dow=2&sub=200363678&stat=1&zip=27511

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