Yavapai County ranked No. 117 on a list of U.S. counties with the worst home affordability index, according to an analysis of 432 counties by ATTOM Data Solutions in the second quarter.
Arizona Business Daily Reports
Yavapai County ranked No. 117 on a list of U.S. counties with the worst home affordability index, according to an analysis of 432 counties by ATTOM Data Solutions in the second quarter.
The county’s affordability index was 89 in the analysis, which found that home prices around the country have hit their lowest level of affordability in a decade.
The report determines the affordability number based on the household income needed to purchase a median-priced home in the county compared to historical data. An index under 100 indicates declining affordability.
