Indianapolis and Kokomo Have the Most Affordable Houses!

Here is a pretty interesting article from the IBJ Daily...

Indy, Kokomo have most affordable housesIBJ staff

"For the 10th quarter in a row, the National Association of Home Builders has designated the Indianapolis area as having the most affordable housing prices among large markets.In the fourth quarter of 2007, an index compiled by the group and Wells Fargo shows 46.6 percent of new and existing houses sold were affordable to buyers earning the national median income of $59,000.Kokomo was so affordable that it ranked as the most affordable city of any size. It was the fourth quarter in a row that Kokomo placed first among small cities.Los Angeles-Long Beach-Glendale, Calif., was the least affordable, and Napa, Calif., was the least-affordable small market."

Call me today if you or someone you know wants to buy or sell a house!

Lisa Parrett
Realtor
Keller Williams Realty
317-246-9966
lisaparrett@lisaparrett.com
www.lisaparrett.com