The Most affordable Housing Us Markets

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wendyinoc_IHB

wendyinoc_IHB

New member
<p>I like how were 2nd to last. </p>

<p><a href="http://money.cnn.com/2007/06/28/real_estate/most_affordable_housing_markets/index.htm?postversion=2007062814">http://money.cnn.com/2007/06/28/real_estate/most_affordable_housing_markets/index.htm?postversion=2007062814</a></p>

<p> </p>
 
<p>Now I know why the OC RE Forum I attended had people talking about Indianapolis. Their median home price is about 2x household incomes. Apparently it's not hard to find positive cash-flow properties there. I've heard the same thing about Rochester.</p>

<p>Ocala, FL is going to get slaughtered. That whole county is just grassy field. In spite of this, I've heard that a handful of dumbasses built some spec condos (and are now hurting big time).</p>
 
2nd to last.. Ouch!





I don't know how seriously to take some of these lists. San Francisco has a median price $138k higher than OC yet it ranks 5 spots higher in terms of affordability. Sure, the median family income in SF is about $8k higher than OC. But how is that $8k extra income going to buy $138k more house?
 
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