The Most and Least Affordable Places for Homebuyers
This article looks at the five metro areas with the most affordable housing options, and the five with the least affordable options.
The Indianapolis metropolitan area tops the list as the most affordable place to buy a home.
"America's most affordable housing market is the 33rd largest metro area in the United States, with 1.7 million people.
The median family income is fairly high -- $68,100 -- and median home prices are a very reasonable $106,000, according to the National Association of Homebuilders and Wells Fargo Housing Opportunity Index."
New York City is the least affordable.
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Published on Wednesday, February 17, 2010 in
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