In case you didn’t notice the new NAR HAI report that came out last week, you missed what may be one of the biggest indicators about where the current housing industry is heading.
First the basics….what on earth is the NAI HAI??? It stands for the National Association of Realtors’ Housing Affordability Index. This number is a reflection of how affordable a basic house is for a basic family with 100 being the median rate at which, all other things being equal, that a normal house can be purchased by a regular, typical American family. Click here to read the good news. Continue reading