Today on HousingWire.com: “January national home prices, including distressed sales, rose 9.7% year-over-year.” Reporter Megan Hopkins adds, “With housing still 20% undervalued relative to incomes and 5% undervalued relative to rents, Capital Economics says affordability is also very favorable, with the typical household bringing in double the income necessary to service the interest and repay the capital of the typical mortgage.”

 

 

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