Newsmakers Feb. 7-20: NoCo home affordability takes a dive

An index compiled by the Colorado Association of Realtors in February showed that homes are becoming less affordable for the region’s middle class.

The index was based on data from Realtor associations in Estes Park, Fort Collins, Boulder, Greeley, Loveland/Berthoud and Longmont. Information was also compiled from Logan and Morgan counties.

In the fourth quarter of 2013, the index was 142 for northeastern Colorado, down from 154 nearly two years earlier. Housing affordability index levels above 100 indicate that median family income is above what is needed to…