Interest.com 2013 Home Affordability Study

The Passing Grades

An ugly combination of rising home prices and higher mortgage rates made housing less affordable in all of the nation's 25 largest cities over the past year. But a dozen of those metro areas still earned passing grades from this year's study and the distinction of having the most affordable housing markets. An Affordability Grade of C means the median income family can afford the median priced home in that city. A B grade means the median income family can afford to buy a home that costs 40% more than the median price. And an A? Well, there are no A's this year. We don't grade on the curve. Is your hometown on this list?

Click here to view the failing grades for 2013.


  • kat

    Why would anyone want to live in those places with top ratings ? oF COURSE CALIFORNIA AND THE WEST COST ARE EXPENSIVE BECAUSE THE WEATHER IS GREAT AND YOU DON'T HAVE MONSTER STORMS, ETC. OKAY DON'T COME TO CALIFORNIA THEN THE VALUES WILL DROP!

    • Mary Nilsson

      etc.. being the 7.8 or greater mag. earthquake and tsumami that is 100 years over due. yea that. oh and when you lose your job and cant pay your 5000.00 per month mortgage payment.. nice weather for homelessness too...

    • Warren Cloven

      Yea Cal is a great place to be from. I will always be a Californian, I just cant stand the political climate that want school children to have unisex bathrooms. We got rid of Gov. Moon Beam once but Nancy of San Francisco brought him back.

  • Tony Broyles

    It's amazing how Americans turn every little thing into a chance to talk smack about the political party they love to hate. This is about demand, not politics. The failing list is where the demand is highest. The passing list, most of which has high crime and poverty rates, is where demand is lowest. Median income is based on household income, which ignores how many poor/unemployed people live in a household. Of course the prices are low where crime and poverty rates are high.