5 Priciest Markets for Home Buyers
Buying a HomeEven though prices have fallen the last few years, the real estate market still remains out of reach for many people in some areas of the country. Interest.com recently analyzed America’s 25 largest cities to find the least affordable metros based on home prices compared to local median incomes. In 11 of the 25 areas, families didn’t make enough to qualify for mortgages that would allow them to purchase a median-priced home. “The fundamental [unaffordability] of these markets hasn’t changed despite the fact that home prices are down and we’re […]