Housing affordability is on the rise and that means the Phoenix metro area too, giving more Americans a chance to own their own homes. If you're buying or selling a home in the Phoenix area, it's good news.
The good news comes as National Homeownership Month gets under way in this month of June.
A new report from the National Association of Home Builders/Wells Fargo Housing Opportunity points to lower interest rates and home prices for the boost in housing affordability across the country.
According to the Index, more than 66 percent of new and existing homes sold between January and March were sold to families earning the U.S. median income of $65,800.
The national median home price also declined from $215,000 in the fourth quarter to…