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IRVINE, CA—The best markets in the country for both affordablehome buying and job climate are in the middle of the country, saysDaren Blomquist, VP for RealtyTrac. The firmrecently released a report about the affordability of housing invarious counties throughout the country.
As GlobeSt.com reported last week, nationalhousing prices have increased to the point where34% of US county housing markets are now less affordable for buyingthan their long-term averages, according to a RealtyTrac's report. The firmfound that as of the second quarter, one-third of the countiesanalyzed have surpassed their historical averages forincome-to-price affordability percentages since 2000, making themless affordable now than they have been on average over the last 14years.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
