CNN ranks 10 American cities according to housing affordability, and finds that foreclosures, median incomes and the availability of developable land all influencing housing affordability.
With a median housing price of $106,000, and comparatively high incomes, Indianapolis leads in terms of affordability, while New York, with its median at $425,000 ranks last. Other cities on the list include Detroit, Youngstown and Akron (on the affordable side) and San Francisco, Honolulu, Santa Ana and Los Angeles (as unaffordable). The slideshow offers commentary on local market and economic conditions that contributed to these rankings.
FULL STORY: Most (and least) affordable cities to buy a house
Portland Housing Bond Created Nearly 5,000 Units, But Affordability Remains Out of Reach
Despite better-than-expected results from multiple local housing bonds, housing costs and homelessness remain top of mind for many Oregonians.
In More Metros Than You’d Think, Suburbs are Now More Expensive Than the City
If you're moving to the burbs to save on square footage, data shows you should think again.
San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning
SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.
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In California Battle of Housing vs. Environment, Housing Just Won
A new state law significantly limits the power of CEQA, an environmental review law that served as a powerful tool for blocking new development.
Boulder Eliminates Parking Minimums Citywide
Officials estimate the cost of building a single underground parking space at up to $100,000.
Orange County, Florida Adopts Largest US “Sprawl Repair” Code
The ‘Orange Code’ seeks to rectify decades of sprawl-inducing, car-oriented development.
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Heyer Gruel & Associates PA
JM Goldson LLC
Custer County Colorado
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Jefferson Parish Government
Camden Redevelopment Agency
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