housing analysts
Top 5 Most Affordable U.S. Markets
February 24, 2010 by Elliott Robinson · Leave a Comment
How affordable or unaffordable is it to buy a home? Well, it depends heavily on the part of the country where the buyer chooses to live.
Earning the U.S. median income of $64,000 a year is enough to allow buyers to purchase 70.8 percent of all homes sold in the country during the last three months of 2009, according to a joint report from the National Association of Home Builders and Wells Fargo.
But some parts of the country are a lot more affordable than others. Here are five major housing markets that housing analysts judge to be the most affordable major markets in the country.
· Indianapolis
· Detroit
· Dayton, Ohio
· Youngstown, Ohio
· Akron, Ohio
Source: CNNMoney.com, Les Christie (02/17/2010)
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Elliott Robinson, JD – Associate Broker
Keller Williams Realty Metro Atlanta
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Elliott Robinson, Esq. combines sound marketing principles and his legal acumen when helping clients purchase and sell real estate.