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14 Aug oakmont-logo-green

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Indiana Builders Association, Inc.

1 week ago

Indiana Builders Association, Inc.
Did you know: Indiana is one of the most cost-effective places to live in the United States. Money in Indiana goes much farther than in most other states so that you can live without financial worry. Using data from all over the country, we can compare the cost of living across the United States with the cost of living in Indiana. buff.ly/3ZWasLK #ibahome #InIndiana ... See MoreSee Less

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Indiana Builders Association, Inc.

1 week ago

Indiana Builders Association, Inc.
NAHB has updated its "housing affordability pyramid" for 2023, and the latest data show that 64.8 million households out of a total of 132.5 million are unable to afford a $250,000 home. This helps put affordability concerns into perspective and goes a long way toward explaining why housing affordability now stands at a more than 10-year low. The pyramid is based on conventional underwriting standards that assume the cost of a mortgage, property taxes and property insurance should not exceed 28% of household income. buff.ly/3SPel2p ... See MoreSee Less

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