Kansas City in the Top 10

Per Zillow Research the Kansas City housing market is one of the 10 most affordable markets.  Here is the link – 10 Most AFfordable Markets for Homebuyers.  It shows that the Share of Income Spent on Mortgage is 11.9%.  On the opposite side, the least affordable markets, is San Jose and there the Share of Income Spent on Mortgage is 46.1%.  This supports that in some markets around the country the prices might be getting to high.  Just keep in mind that real estate is local and it depends what is happening in your area, mainly jobs, in whether home prices can continue to climb.

Right now, Kansas City is a great place to buy a home!

Lee McLain

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