Home Ownership In Metro Detroit Amongst The Most Affordable In Nation
While home affordability is on the decline across most of the nation, in Metro Detroit, we’re one of the few places you can make the median income ($51,000) and afford a house at the median price ($149,000) according to a recent report. Detroit is fourth most affordable in a list that joins Minneapolis, Atlanta, St. Louis and just below the D, Pittsburgh, in home affordability. Now, to be clear, this isn’t just about home prices, but also income. According to Interest.com, the median income of...