Matt75

Housing Affordability Proves Elusive

Well, it all depends where you live. For instance, here in the Western New York area, there was no boom to speak of, so now there has been no bust....just slow and steady growth, which earned this area 3 of the top 10 rankings for best real estate markets(Buffalo, Rochester and Syracuse). Our housing prices are among the most affordable in the nation, with many nice houses available for under $125,000. I cannot for the life of me understand why people decide its better for them to move elsewhere so they can earn an extra $1000 per month, only to pay that much or more back out of their pocket due to the higher cost of living in a lot of places, which in some places borders on the absurd.