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August 20th, 2010 10:18 AM

According to an article printed in the REALTOR Online Magazine, the Northeast is where to be for the most affordable housing in the United States of America.  To learn more about what is happening here in Alaska....e-mail, call or log on to my website.  Every market is different....remember to consult  member of the National Association of Realtors.  I can be reached as follows:

 

 

5 Most Affordable Housing Markets


The most affordable city in the United States is Syracuse, N.Y., according to the latest Housing Affordability Index from the National Association of Home Builders and Wells Fargo.

The index considers a home affordable if a family would have to pay no more than 28 percent of take-home pay for housing expenses.

Here are the five areas where housing exceeds this benchmark and the median property prices:

• Syracuse, N.Y., $88,000
• Indianapolis, $113,000
• Detroit, $85,000
• Youngstown, Ohio, $74,000
• Buffalo, N.Y., $112,000


Posted by Michael Droege on August 20th, 2010 10:18 AMPost a Comment (0)

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