Metro Detroit Tops the Nation in Median Home Affordability
Posted by Michael Perna on
In a country where buying a home often feels out of reach, Metro Detroit stands out as an unexpected housing hero. This Midwest metro area has quietly topped a new national ranking for affordable housing. Yes – you read that right. According to a recent report by Clever Real Estate, Metro Detroit is one of only two major U.S. cities where the median household income is sufficient to afford a median-priced home in the area. In an era of sky-high prices, affordable housing in Metro Detroit isn’t just a catchphrase – it’s a reality that’s turning heads in the real estate world.
Metro Detroit’s Housing Affordability by the Numbers
How did Detroit earn this distinction? The numbers tell the story. The Clever Real Estate study used a standard…
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