Metro Phoenix falls on list of most affordable cities for homebuying

By Catherine Reagor | The Republic

Metro Phoenix continues to drop lower on lists of the most affordable big cities in which to buy a home.

Because of steadily rising home prices, the Valley now ranks 19th among the top 50 U.S. metro areas. The list, by national mortgage firm HSH.com, indicates where buyers earning the median income have the easiest time affording a median-priced home.

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