Greetings neighbors,

Well there is good news rising in the real estate market for a change. According to recent news, now is the time to buy a home. It has been said that 75% of homes are now affordable. Therefore, those who have a decent job and a pretty decent credit score should be able to afford a home.

The National Association of Home Builders (NAHB) estimates that more than 72% of American families are making at least $63,800 which is the medium income here in the U.S. As for the national medium home price for the quarter, homes were averaging $175,000.

In addition, families who make at least the medium income in their metro area and apply no more than 28% of their take home pay towards the housing cost of a home, the NAHB considers the home affordable.

As for the top affordable U.S. cities, these five currently top the list: Indianapolis, IN, Youngstown, OH, Dayton, OH, Syracuse, N.Y., and Grand Rapids, Michigan.