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When you leave, my blog just fades to grey
Nu ma nu ma iei, nu ma nu ma nu ma iei

News? Check. Politics? Check. Music? Check. Random thoughts about life? Check. Readership? Ummm.... let me get back to you on that. Updated when I feel like I have something to say, and remember to post it.

Thursday, June 28, 2007

Affordable housing!

The Indianapolis area is tied for #1 for affordability of homes.

The median sales price of all Indianapolis homes sold in that time frame was $116,000.

This won't come as a major shock, because Indy had spent the previous six quarters at the top, including all of 2006.

The Youngstown, Ohio area is tied for first with Indianapolis-Carmel, with a median homes sales price of $78,000 affordable because of household incomes of $51,400.

All you New York City, Chicago, and California residents? Enjoy your overpriced homes. I hope those cultural amenities are worth it.

Once again at the bottom of the affordability scale was Los Angeles-Long Beach-Glendale, Calif., where just 3 percent of homes sold in the first quarter were affordable to families earning the metro's median household income of $61,700.



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