Stephen E. Ross, Real Estate Consultant

    

 

[Under Construction]

 

    Affordability Index

Markets (MSAs)

HOI - 2Q05*
Indianapolis 88.8%
Detroit 86.8%
St. Louis 84.6%
Cleveland 80.1%
Atlanta 76.3%
Charlotte 71.2%
Ft. Worth 70.7%
Raleigh 66.8%
Minneapolis 64.6%
Philadelphia 63.5%
Houston 62.6%
Dallas 61.9%
Baltimore 60.7%
Salt Lake City 58.8%
Portland 56.3%
Tampa 54.0%
Phoenix 49.3%
Chicago 48.2%
Seattle 40.1%
Ft. Lauderdale 39.0%
Honolulu 37.3%
Washington DC 36.3%
Las Vegas 30.4%
Newark 25.2%
Boston 25.0%
Miami 22.0%
San Jose 15.6%
Inland Empire (CA) 12.6%
Oakland 11.0%
Sacramento 9.1%
San Francisco 8.9%
New York City 8.6%
San Diego 5.1%
Orange County (CA) 4.4%
Los Angeles 3.6%

Source: National Association of Home Builders & Wells Fargo
* Housing Opportunity Index: Share of Homes Affordable for the Median Income Earning

 

Stephen E. Ross, Real Estate Consultant

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Last modified: 03/23/12