🏠 Looking to buy a home? Scranton, Pa. boasts the most affordable housing market in America according to a new report. TV fans may recognize Scranton as the setting for the NBC comedy “The Office.” Here are the top 10 most affordable housing markets:
In the case of this report, “mortgage payment” assumes that buyers are putting 20% down and taking out a 30-year fixed-rate mortgage, and paying taxes and insurance. Scranton topped the list because the monthly mortgage payment only required 22% of the median household’s income.
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