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Rochester, Buffalo sweep top honors in U.S. measure of home affordability

(BIZ Journals) - 1 weeks ago
 Houses are more affordable in Rochester and Buffalo than in any other major market in the country. That’s according to a new breakdown of U.S. Census Bureau statistics. Click on the View Slideshow button for the affordability ratings for all 53 U.S. metropolitan areas that have populations above 1 million. Markets are ranked by their ratios of median home value to median household income. Rochester is No. 1 in the national standings. The median value of an owner-occupied home in the Roch...
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NAR Releases New Measure of Affordability - (Mortgage News Daily)

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