These cities’ housing markets are less affordable than SF’s
The Bay Area’s housing market is not known for its affordability. But as home prices continue to drop here, more and more cities are giving San Francisco’s pricey reputation a run for its money in the real estate department.
According to RealtyHop’s latest housing affordability index, six cities have housing markets more unaffordable than San Francisco’s. The index is ranked based on median household income, local property taxes, median for-sale prices and mortgage expenses.