August 2012

Found 1 blog entry for August 2012.

Benton County was just named the most affordable metropolitan county in the state for first time homebuyers. This is a title Benton County is familiar with due to high wages, this is seen when looking at the first time homebuyer affordability index which is at 127.9(seasonally adjusted data). This means first time homebuyers come in with 28% more income than the minimum needed to qualify. When looking just one county over these numbers drop, in Franklin County the first time homeowner affordability index is 102.1, meaning first time homeowners come in with 2% more income then the minimum. This number is lower than Benton County but it remains higher then the statewide first time homeowner affordability index of 95.5, with the average homeowner throughout

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