Homes are now affordable in just 6 major American cities… Housing correction is underway

There are just six cities where the median-priced home is affordable for median-income earners:

Pittsburgh, Pennsylvania

Cleveland, Ohio

St. Louis, Missouri

Memphis, Tennessee

Indianapolis, Indiana

Birmingham, Alabama

https://www.foxbusiness.com/economy/homes-are-now-affordable-just-6-major-american-cities

Florida used to be the place for wealthy retirees to move to enjoy the state’s healthy dose of sunshine—and a massive break on taxes. But now that the housing supply on the west coast of Florida is surging, sellers are cutting asking prices, and the time a home is on the market is soaring, according to a Redfin report released Thursday. It could be the time for less well-to-do folks to become year-round snowbirds.