Just Listed brings you the latest news and information from the Twin Cities-area commercial and residential real estate market and beyond from veteran reporters Jim Buchta and Kristen Leigh Painter.

Twin Cities the second-most affordable housing market in the nation

Posted by: Jim Buchta under Buying Updated: October 23, 2013 - 10:31 AM

Minneapolis ranks second among the 25 largest U.S. metropolitan areas in terms of home affordability, according to a new report from Interest.com. The median household income in the Minneapolis/St. Paul area exceeds the income required to purchase a median-priced home in the Minneapolis/St. Paul area by 24 percent,That’s down from 32 percent last year and second only to Atlanta, Georgia.

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