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Old 05-24-2009, 12:09 PM
 
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according to this article: Homes: Most affordable in 2 decades - Yahoo! Real Estate

I'm not surprised at all.
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Old 02-27-2015, 08:37 AM
 
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Another list: LocalSYR.com

NAHB: Housing Affordability Edges Up in the Fourth Quarter

More here: Search Results
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Old 02-27-2015, 08:45 AM
 
Location: Upstate NY/NJ
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Quote:
Originally Posted by ckhthankgod View Post
That's awesome, but look at all that dang snow! Where is similar affordability, good salaries, and not nearly as much snow?
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Old 02-27-2015, 08:52 AM
 
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Originally Posted by VintageSunlight View Post
That's awesome, but look at all that dang snow! Where is similar affordability, good salaries, and not nearly as much snow?
If you go to the search results, it should have some other areas listed. With that said, with an increase in that demand, the prices will probably go up.

Here's a report from May 2014: Housing Affordability Edges Higher in First Quarter

You can look here and it appears that Roanoke VA may be the best bet, with Wichita falls TX and Ocala FL being 2nd and 3rd: State and Local Data: Housing Starts and Building Permits

There are areas in DE and the Eastern Panhandle of WV/Western MD that are up there as well.
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Old 02-27-2015, 09:16 AM
 
Location: Upstate NY/NJ
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Quote:
Originally Posted by ckhthankgod View Post
If you go to the search results, it should have some other areas listed. With that said, with an increase in that demand, the prices will probably go up.

Here's a report from May 2014: Housing Affordability Edges Higher in First Quarter

You can look here and it appears that Roanoke VA may be the best bet, with Wichita falls TX and Ocala FL being 2nd and 3rd: State and Local Data: Housing Starts and Building Permits

There are areas in DE and the Eastern Panhandle of WV/Western MD that are up there as well.
Yep. Roanoke was nice, but sooo isolated. You just can't have it all.

Its always red states. TX, FL, VA. My personality and red states don't mix. Raleigh is in a purple state but a generally blue area surrounded by bright red counties. I'm even nervous to explore Charlotte even further, many have told me to run the other way if I'm liberal. Esp../York County. Just run away.

I know for a fact I'd be fine in Roch or Syr, but the weather would kill me dead.

I have no idea. Eastern CT is blue and has intelligent people instead of foaming-at-the-mouth red-staters. Perhaps West Chester, PA. The search continues....
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Old 02-27-2015, 10:01 AM
 
93,414 posts, read 124,120,588 times
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Quote:
Originally Posted by VintageSunlight View Post
Yep. Roanoke was nice, but sooo isolated. You just can't have it all.

Its always red states. TX, FL, VA. My personality and red states don't mix. Raleigh is in a purple state but a generally blue area surrounded by bright red counties. I'm even nervous to explore Charlotte even further, many have told me to run the other way if I'm liberal. Esp../York County. Just run away.

I know for a fact I'd be fine in Roch or Syr, but the weather would kill me dead.

I have no idea. Eastern CT is blue and has intelligent people instead of foaming-at-the-mouth red-staters. Perhaps West Chester, PA. The search continues....
Look into Delaware, as it is still affordable and close to major cities, beaches and not too far from mountains. It is actually a good retirement destination as well.
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Old 02-27-2015, 11:11 AM
 
Location: Upstate NY/NJ
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Quote:
Originally Posted by ckhthankgod View Post
Look into Delaware, as it is still affordable and close to major cities, beaches and not too far from mountains. It is actually a good retirement destination as well.
I've thought about it. Newark, DE is nice and close to Philly. Who knows...
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Old 02-27-2015, 12:06 PM
 
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Originally Posted by VintageSunlight View Post
I've thought about it. Newark, DE is nice and close to Philly. Who knows...
You must have read my mind, as that is a city there that I had in mind.

Here is the retirement article I was thinking of: Delaware coast is top-rated retirement destination in East - The Business Journals

Last edited by ckhthankgod; 02-27-2015 at 12:16 PM..
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Old 02-28-2015, 09:12 AM
 
Location: Syracuse, New York
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I'm not exactly thrilled about the "affordability" title and I'll explain why.

The article says that it compared the prices of the existing and new homes sold to the median income of the residents.

If 93% of the homes sold can be purchased by the average person living here, it may mean that there's little or no influx of well-off people moving to Syracuse and lifting our moribund economy.

Take a look at the other of the five most affordable cities (Dayton, Akron, Harrisburg and Scranton-Wilkes Barre). Is that our new peer group? Yuck!

Last edited by SyraBrian; 02-28-2015 at 09:33 AM..
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Old 02-28-2015, 10:54 AM
 
93,414 posts, read 124,120,588 times
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Quote:
Originally Posted by SyraBrian View Post
I'm not exactly thrilled about the "affordability" title and I'll explain why.

The article says that it compared the prices of the existing and new homes sold to the median income of the residents.

If 93% of the homes sold can be purchased by the average person living here, it may mean that there's little or no influx of well-off people moving to Syracuse and lifting our moribund economy.

Take a look at the other of the five most affordable cities (Dayton, Akron, Harrisburg and Scranton-Wilkes Barre). Is that our new peer group? Yuck!
There are also smaller, growing areas up there when looking at all metros. So, there is a combination of areas in regards to metro economy.

All this means is that given the average(maybe median) income levels in relation to the average(median) home price, that percentage of people can but a home. It is more about pay in relation to being able to buy a home, basically.
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