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5-year historical change (2001–2005): |
27.0% |
5-year historical change, average annual: |
4.9% |
Change last year: |
12.4% |
FORECAST FROM FISERV CSW AND MOODY'S ECONOMY.COM |
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Median family income: |
$46,450 |
Median home value to median family income: |
2.5 |
Last peak at beginning of decline: |
1994:Q3 |
Last trough of decline: |
1994:Q4 |
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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