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.
Tuesday, February 19, 2008
How Knoxville Ranks in Housing Affordability
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