Indianapolis Maintains Title Of Nation's Most Affordable Housing Market

November 27, 2007 - Indianapolis, Ind. maintained its standing as the most affordable major U.S. housing market for a ninth consecutive time in the third quarter of 2007, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released today.
Meanwhile, nationwide housing affordability rose on a year-over-year basis but was down slightly for the quarter due to higher mortgage rates.
"Today's HOI reading indicates that 42 percent