Tuesday, July 14, 2009

Home Affordability Peaks in Buffalo, NY

Home Affordability has not been this good in decades. Actually, make that two (2) decades. Homes are extremely affordable at this time in the market.

What is great is that Buffalo Area Region ranks among the Top 10 for Most Affordable Housing!

Yes, the Buffalo region (out of the 100 largest regions in the United States) ranked in the Top 10 for affordable housing. That is great news for first time home buyers or current renters. Literally, there has not been a better time in 20 years to buy a home. With all the tax incentives, financing options, and new regulations it seems now is the time to act with regards to real estate.

So what do you think? Is our area affordable? What would an average house in our area be worth in another state? See how our area ranks with other affordable areas, along with the least affordable areas to live. Let us know what you think!

Check out CNN Money magazine link at http://money.cnn.com/2009/05/18/real_estate/most_affordable_cities/index.htm?postversion=2009051907