Matt Woolsey, 08.02.07, 12:01 AM ET
If you're not sweating your monthly mortgage payment and don't obsessively check refinancing rates, chances are you live in one of America's most affordable areas.
Homeowners in Indianapolis know what that's like. Its residents don't have to scrimp and save to afford a home at the median price. There, the bulk of the housing stock is well within reach of the average household. Savings depleted? According to our calculations, it would take just two years of gross salary to become a homeowner there.
Cleveland and Detroit are also reasonably priced. But affordability isn't limited to the Midwest. Pittsburgh, Atlanta and Greensboro, N.C., made our list as well. ( Click here to see areas in which it's hardest to buy a home.)
For the complete article: http://www.forbes.com/lifestyle/2007/08/01/homes-affordable-property-forbeslife-cx_mw_0802realestate.html