According to a new study by the National Association of Home Builders (NAHB), for every $1,000 increase in the cost of a new median-priced home, 206,000 more prospective buyers are forced out of the marketplace. Among the states, the number of households that would no longer qualify for a mortgage based on a $1,000 increase to a median-priced home range from a low of 313 in Wyoming to a high of 18,250 in Texas. While the number of households affected varies across states and metro areas, and largely depends on population, income distribution and new home prices, the report contains detailed figures for over 300 metro areas. Measuring metro areas, as MHProNews has learned, the number of households that would be priced out of the market based on a $1,000 increase range from a low of 19 in Napa, Calif. to a high of 5,742 in the New York-Northern New Jersey-Long Island, N.Y.-N.J.-Pa. area. ##

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