NJ Area: Least Affordable
New York-White Plains-Wayne, N.Y.-N.J., was the nation's least affordable major housing market for the second consecutive quarter.That's been my experience as well. Trying to find a decent house in northern Bergen county for around $300K is still not really possible. Are people really making that much money? I don't think so. I think house prices, especially in Bergen county, are still overpriced. More pain ahead. And perhaps I can find something "affordable."
Reference
Least Affordable: NY Metro Area, New Jersey Real Estate Report
Programmer's Investing Notebook