Tuesday, February 19, 2008

How Knoxville Ranks in Housing Affordability

The NAHB/Wells Fargo Housing Opportunity Index's 4th Quarter report is out . The index ranks housing affordability by percentage of homes in a metro area that are affordable for a median income family in that area. Knoxville ranked 63rd nationally, with 68.4% of homes being affordable for median income families. Regionally, Knoxville ranked 16th, coming in just behind Chattanooga in 8th place, and Memphis in the 11th spot.

0 comments: