According to first quarter 2009 Texas Housing Affordibility Index (HAI) complied numbers, the Real Estate Center at Texas A & M University states that Texas is number 1 in the country when it comes to housing affordability.
The numbers reflect the ability of a median-income family's ability to afford a median-priced existing home in their area.
"The slowdown in the housing market nationally and within Texas has led to signifigantly increased housing affordability everywhere, and Texas continues to maintain its place as the most affordable high-growth state in the country," said Jim Gaines, research economist with the center.
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