Housing Affordability index jumped 10%

Wow…on Monday – It was reported that the nationwide housing affordability index jumped 10 percentage points during the first quarter of 2009, to its highest level since 1991, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) released yesterday.

The HOI showed that 72.5 percent of all new and existing homes sold in the first quarter of 2009 were affordable to families earning the national median income of $64,000, up from 62.4 percent during the previous quarter and up from 53.8 percent during the first quarter of 2008.

The underlying increase in affordability are lower home prices and record low interest rates. Combined with the $8,000 federal tax credit for first-time home buyers, consumers are beginning to return to the marketplace.

All of that being said. It’s Moday 5/19/09…I keep these live links posted for the different search criteria that I receive the most requests for.

• Southern Utah Foreclosures
• Southern Utah Adult Communities
• Southern Utah Golf Homes
• Washington City Utah Homes & Condos
• Santa Clara Utah Homes & Condos
• Southern Utah Horse Property
• Washington County Board Of Realtors Hot Sheet

This last handy little link will pull you into The Washington Country Board of Realtors MLS system. From there you can see the newest MLS listings on the WCBR MLS system as well as all price reductions…Knowledge is Power!

As of today May19, 2009 there are currently on the Washington County Board of Realtors MLS system…

• 78 Active Southern Utah Foreclosures in Saint George Utah on the WCBR MLS system
• 178 Closed Southern Utah Single Family Homes & Condo’s in St George Utah, on MLS from 4/19/09 thru 5/19/09.
• 1,598 Active Single Family Homes & Condo’s in the Greater Saint George area of Southern Utah on WCBR MLS
• 287 Southern Utah Single Family Homes & Condos in the Greater Saint George area currently under contract or “pending”

In any event its off to Twitter…I have few Twitter names, and here are two: StGeorgeHomes or EquityStGeorge. I post these same stats there if you would like to get…”Just The Fact’s” Till Tomorrow. Saint George Homes.