Median listing price: $450,000
Percentage of households that can’t afford a home: 74.3 percent
Although Miami is one of the few major cities where home prices are plummeting, prices haven’t dropped enough to make homes affordable for most of the city’s residents. In fact, nearly three-quarters of households in the city can’t afford a monthly mortgage of $1,925 on a home with a median listing price of $450,000. It would take an annual income of $77,000, but Miami’s median household income is just $34,901.
These days, we all spend a lot of our lives online. We work online, socialize…
If you've read reports about plastics showing up in whales and other sea life you…
We're all guilty of making an etiquette mistake from time to time, whether we accidentally…
Thanksgiving is a special time of year for many Americans. It's the holiday where families…
The number of smokers goes down each year and that’s definitely a good thing. Smoking…
Most toddlers don’t spend their days picking up sticks and chasing centipedes in the forest…