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    Columbus ranking for home affordability improves

    Business First of Columbus wrote Columbus ranking for home affordability improves

    Tuesday, May 27, 2008

    Boosted by an increase in household income and a decline in home prices, the Columbus area in the first quarter improved its standing as one of the 50 most-affordable housing markets in the nation, according to a quarterly index.

    Columbus ranked 38th nationwide and 26th in the Midwest for affordability, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. The report said 81.5 percent of new and existing homes sold in the market during the quarter were affordable to families earning the area’s median household income of $65,300. The median sales price was $125,000.

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    Walker Evans
    Walker Evanshttps://columbusunderground.com
    Walker Evans is the co-founder of Columbus Underground, along with his wife and business partner Anne Evans. Walker has turned local media into a full time career over the past decade and serves on multiple boards and committees throughout the community.
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