Phoenix Number 7 for Affordable Homes
Phoenix was ranked number seven for affordable big cities for homebuyers in 2016 based on a list from national mortgage research firm HSH.com.
You need to earn about $46,000 to purchase a median-priced home in the Phoenix region. This is above the income levels for a Pittsburg resident, the number one city assuming you would want to live in Pittsburg, where you need only earn $32,000 to afford a medium-priced home, but well below San Francisco where you will need to earn $160,000 to afford a medium priced home.
If you are looking for assistance for your next home purchase, you may be eligible for the Home in 5 Advantage down payment assistance.