ran across this yahoo
article.. do you live in any of these places??
can you afford to live in your city? how about buy a home there?
| 10 Most Affordable |
Big metro areas where residents are most able to afford to buy a home. |
Rank | Metro area | Affordability Index | Median home price | 1 | Indianapolis, IN | 94.8 | $98,000 | 2 | Youngstown, OH | 94.4 | $67,000 | 3 | Akron, OH | 93 | $78,000 | 4 | Grand Rapids, MI | 91.8 | $97,000 | 5 | Syracuse, NY | 91.3 | $85,000 | 6 | Warren, MI | 91.2 | $119,000 | 7 | Cleveland, OH | 91 | $86,000 | 8 | Buffalo, NY | 90.4 | $90,000 | 9 | Toledo, OH | 90.2 | $78,000 | 10 | Dayton, OH | 90 | $85,000
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10 Least Affordable |
Big metro areas where residents are least able to afford to buy a home. |
Rank | Metro area | Affordability index | Median home price | 1 | New York, NY | 21.5 | $418,000 | 2 | San Francisco, CA | 32.1 | $525,000 | 3 | Los Angeles, CA | 42.1 | $288,000 | 4 | Nassau-Suffolk, NY | 43 | $375,000 | 5 | Honolulu, HI | 44.1 | $360,000 | 6 | Santa Ana, CA | 48.2 | $360,000 | 7 | Newark, NJ | 49.3 | $315,000 | 8 | Miami, FL | 49.6 | $185,000 | 9 | McAllen, TX | 50.3 | $106,000 | 10 | El Paso, TX | 52.9 | $127,000
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Sunday, May 24, 2009 7:24:00 PM
I have to add Sierra Vista, Az to that list of most expensive markets. Would you believe that home prices have dropped some but really not much? Also it's more expensive here than where you are! How's that for sad.
Monday, May 25, 2009 7:02:00 PM
I'm thinking maybe I should move to Ohio. . .
Wednesday, May 27, 2009 12:51:00 PM
Definitely don't live in any of the most affordable places. Used to live in Mesa, Phoenix area is the worst in the country for depreciation in homes and now we live in Southern Cali which is on the upper list.. man I think we need to find a new place to live :)