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Real Estate Market Update & Neighborhood Report
Cambridge & Surrounding Area:
AFFORDABILITY
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Real estate professionals are the best resource for their customers' housing and marketplace questions. When your buyers and sellers ask, "How does affordability in Cambridge & Surrounding Area stack up?" the following information on home affordability will help you answer real estate marketplace questions and can provide you with a detailed report on all of the zip codes that make up the Cambridge & Surrounding Area marketplace. When looking at what makes homes in a certain area affordable to buyers, factors including home prices, mortgage rates and household income are key. The Affordability Index, provided by HouseCanary, measures median household income relative to the income needed to purchase a median-priced house. This week for Cambridge & Surrounding Area, the data show

a household earning the median income here of $0 would need to spend 0% of their income to afford a median-priced home here, which is currently priced at $0. The two-year Affordability Index is forecast to be 0%.

Tip: Want to see the Affordability Index for another area? Enter zip code above to see another area report from HouseCanary.

This predictive analytics report and e-newsletter is part of a new collaboration between HouseCanary and RISMedia in an effort to bring real estate professionals timely and local housing data in thousands of regional and local markets across the U.S. Further, RISMedia provides its real estate news, information and business development insights to broker/owners, agents, service providers and other home-related professionals serving the U.S. residential real estate industry.

The data provided from zip code and property address searches within each local market is solely provided by HouseCanary. Although the House Canary data has been produced and processed from sources believed to be reliable; no warranty, expressed or implied, is made regarding accuracy, adequacy, completeness, legality, reliability or usefulness of any information. To review HouseCanary's full list of terms and conditions, click here. To learn more about HouseCanary's suite of services, visit HouseCanary.com.

Property lookup: What is the risk of home values decreasing in your area in the next year? Enter a property street address followed by the zip code to find out:

Property Risk-O-Meter
192.168.100.55