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2011-02-22 13:18:14
Top 5 Priciest Places to Live

It’s not cheap to own real estate in California, according to a recent article at CNNMoney.com, which reveals the five least affordable housing markets in the country. California cities snagged three of the top five spots.

Here are the top five least affordable housing markets, according to CNNMoney.com:

1. New York City
Median home price: $425,000
Median income: $64,800

2. San Francisco
Median home price: $625,000
Median income: $96,800

3. Honolulu
Median home price: $450,000
Median income: $79,300

4. Santa Ana, Calif.
Median home price: $435,000
Median income: $86,100

5. Los Angeles
Median home price: $320,000
Median income: $62,100

Source: “Most (and Least) Affordable Cities to Buy a House,” CNNMoney.com (Feb. 19, 2011)

Read more:
5 Most Affordable Housing Markets

Provided by,

Doug Spiers / Associate Broker / Global Choice Real Estate / 801-726-7173

 
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