Monday, April 1, 2013

We're Number 1 – in Housing Unaffordability

Don't bother telling me "unaffordability" isn't a word. That's unpossible.

Here's a quick real estate market report I wrote in the April 2013 issue of the Marina Times; and my apologies to any kind souls in Ogden-Clearfield, Utah, whose hearts are I'm sure pure and families shine like gold.

REAL ESTATE
We're No. 1 – in Housing UnaffordabilityBy John Zipperer 
Consider it the price you pay for not having to live in Ogden-Clearfield, Utah. By the end of last year, San Francisco became the metro area with the lowest percentage of its households earning the median income able to purchase a home, according to the National Association of Homebuilders (NAHB).

Technically, NAHB rates the city in the category of “San Francisco-San Mateo-Redwood City, California,” which is a rather large stretch of land. But ...

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