AFFORDABILITY OF HOMES THE BEST IN YEARS!

Homes are the most affordable they have been in years according to a recent study by NAHB/Wells Fargo Housing Index (HOI). This study tracks the median income compared to the median price range of homes for metropolitan areas across the nation.

The study released on 08/19/09 shows that for the Salt Lake City, UT area the Housing Opportunity Index is 70.6% for the second quarter of 2009 meaning that of the people earning the median income of $67,800 a year 70.6% can afford the median price range home. Compared to the second quarter of 2007 when the Home Opportunity Index was 31.7% this is a vast improvement.

This indicates two things:
1) Housing is more affordable than it has been in years.
2) The median income for the area is keeping up with the cost of housing.

Check out our FEATURED HOMES for bank owned properties. They represent a sensational value.

All About Ogden!

Ogden named one of America's 10 best cities in the July edition of Outside Magazine.

Read the article.