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Texas Tops US in Housing Affordability

Great news to start the month for Texans: Texas has beat the rest of the nation for housing affordability for the first quarter in 2009, according to the Housing Affordability Index compiled at the Real Estate Center at Texas A & M University. The numbers compare the ability for a median income family in an area to purchase a medium price existing home.

“Texas continues to maintain its place as the most affordable high growth state in the country,” says the Center’s research economist, Dr. Jim Gaines.

As the end of 2009 approaches with many state, city and federal tax and homebuying incentives in Austin coming to an end, now is a great time to consider an affordable investment in your financial future, and take look at some of the beautiful homes Austin has to offer.

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One Response to “Texas Tops US in Housing Affordability”

  1. September 4th, 2009 at 10:30 am

    Ryson Real Estate says:

    these stories are awesome… I have been seeing this stuff in all the local trade magazines and on TV.. now we need to educate the rest of the USA about it!!

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