MONEY Magazine: Latest forecasts. Financing strategies. Renovation tips. | |
5-year historical change (2001–2005): |
41.2% |
5-year historical change, average annual: |
7.1% |
Change last year: |
12.5% |
FORECAST FROM FISERV CSW AND MOODY'S ECONOMY.COM |
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Median family income: |
$44,400 |
Median home value to median family income: |
2.8 |
Last peak at beginning of decline: |
1997:Q4 |
Last trough of decline: |
1998:Q2 |
Sources:
Population: U.S. Census Bureau, 2000
Median Family Income: U.S. Department of Housing and Development, 2005
Median Home Prices: Fiserv Lending Solutions, National Association of Realtors, 2005
Historical change: Fiserv Lending Solutions, OFHEO, 2001 – 2005
Market forecasts: Fiserv Lending Solutions and Moody's Economy.com, June 2006 – June 2007
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