Tuesday, September 05, 2006

Who Can Afford It?

WHO CAN AFFORD IT?

The least affordable metropolitan areas in the U.S. in the second quarter of 2006, with the percentage of families living in each who could afford to buy the median-priced home sold in the area during that time:

1. Los Angeles-Long Beach-Glendale 1.9
2. Santa Ana-Anaheim-Irvine 3.2
3. Salinas 3.5
4. Merced 3.6
5. Modesto 4.1
6. San Diego-Carlsbad-San Marcos 4.6
7. Santa Cruz-Watsonville 4.8
8. Santa Barbara-Santa Maria 5.3
9. Napa 5.4
10. San Luis Obispo-Paso Robles 5.9
11. New York-White Plains-Wayne, NJ 5.9
12. Riverside-San Bernardino-Ontario 7.3