Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.Affordability is going to be a much bigger hindrance going into 2016,” said Daren Blomquist, vice president of research at Irvine, Calif.-based RealtyTrac, a realty research group. Blomquist said that currently about 3% of the nearly 600 U.S. counties his firm tracks have home prices that are “unaffordable” to the average American weekly wage earner (who made $1,056 a week in the first quarter of 2015). If interest rates top 5%, Blomquist expects a surge of unaffordable markets.
