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The ability of a buyer to afford a home depends largely on his or her geographical location. Did you know that a median income of $64,000 per year is enough to enable buyers to purchase 70.8 percent of all homes sold in the country in the last three months (source: National Association of Home Builders and Wells Fargo)?

You may wonder where the most affordable areas actually are. Here's a list of the top 5 most affordable markets:

1. Indianapolis, IN
2. Detroit, MI
3. Dayton, OH
4. Youngstown, OH
5. Akron, OH

Is a move in your future? These markets proved to be the most affordable major markets determined by housing analysts.

(Source: CNNMoney.com, Les Christie, 2/17/1010)

Posted by Heather Brunson @ 12:41 PM • 0 comments