Adverse selection is a phenomenon wherein the insurer is confronted with the probability of loss due to risk not factored in at the time of sale. Definition: Adverse selection is a phenomenon wherein the insurer is confronted with the probability of loss due to risk not factored in at the time of sale.
Acton, Montana. Acton is an unincorporated community in northwestern Yellowstone County, Montana, United States. It has a postal ZIP code (59002) and lies along Montana Highway 3 northwest of the city of Billings, the county seat of Yellowstone County. Its elevation is 3,802 feet (1,159 m), and it is located at coordinates |45|55|50|N|108|40|51|W|.
Home affordability can be a very important factor when determining where to purchase real estate in Acton, CA. One method that can be used to calculate home affordability is the home price to median household income ratio. The median home price in Acton, CA is $421,700 and the median household income is $92,245. This results in a home price to income ratio of 4.6x, which is 24% lower than the California average. The home affordability ratio is calculated by dividing the median home price by the median home income.