Thursday, August 24, 2006

Volusia County Housing Affordability

Housing affordability in Volusia County has taken a big hit according to the National Association of Home Builders Affordability Index for the second quarter 2006. In early 2000 Volusia County was 28th most affordable in the country. The Deltona-Daytona Beach-Ormond Beach Metro Area ranked just below Orlando at number 134. There are a total of 10 Florida Metro Areas ranked more affordable. The index uses the median household income and the median selling price of homes and indicates that 31.4% of homes are affordable at the median income.

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