Indianapolis 'most affordable housing in US'

For the 11th consecutive time, Indianapolis has been labelled the most affordable housing market in the US, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index.

Of houses sold in the first quarter, 90.1 per cent were affordable to families earning the area's median household income of USD 65,100 (GBP 33,000), which may also interest those looking for an investment opportunity.

This is a sizable proportion compared to the nationwide results which report that only 53.8 per cent of all new and existing homes sold were affordable to those earning the national median of USD 61,500.

The smaller metro market showed that Kokomo in Indianapolis outstripped all others with 95.3 per cent of homes affordable to those on median income.

As customer service ratings are increasingly important in the home building sector, the publishing branch of the National Association of Home Builders has released Beyond Warranty: Building Your Referral Business to aid builders.
 

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