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Last month, we featured Trulia’s list of the least affordable cities for middle class and millennial home buyers — a roster that included Denver. But Colorado fares even worse in a new analysis by RealtyTrac. Among other things, the site looked at counties in which housing prices of less affordable than historical averages and have rising foreclosure rates, and four from Colorado made the top twenty — one of only two states (with California) to achieve this dubious distinction.
Count down the photo-illustrated top twenty below, featuring data from RealtyTrac.
See also: Least Affordable Cities for Middle Class and Millennial Home Buyers — Including Denver
Number 20: Lubbock County, Texas
October 2014 Median Price: $147,250
October 2014 Affordability Percentage: 25.82%
Historical (2000 to 2014) Affordability Percentage: 24.55%
2013 Loan Vintage Foreclosure Rate: 0.08%
2014 Loan Vintage Foreclosure Rate: 0.09%
Number 19 Mercer County, New Jersey:
October 2014 Median Price: $256,000
October 2014 Affordability Percentage: 27.65%
Historical (2000 to 2014) Affordability Percentage: 25.10%
2013 Loan Vintage Foreclosure Rate: 0.40%
2014 Loan Vintage Foreclosure Rate: 1.11%
Number 18: Weld County, Colorado
October 2014 Median Price: $216,000
October 2014 Affordability Percentage: 28.49%
Historical (2000 to 2014) Affordability Percentage: 28.41%
2013 Loan Vintage Foreclosure Rate: 0.05%
2014 Loan Vintage Foreclosure Rate: 0.30%
Number 17: Arapahoe County, Colorado
October 2014 Median Price: $235,000
October 2014 Affordability Percentage: 28.84%
Historical (2000 to 2014) Affordability Percentage: 28.34%
2013 Loan Vintage Foreclosure Rate: 0.04%
2014 Loan Vintage Foreclosure Rate: 0.25%
Continue to keep counting down the list of twenty U.S. counties where houses are becoming less affordable.
Number 16: Anchorage Municipality, Alaska
October 2014 Median Price: $295,000
October 2014 Affordability Percentage: 29.72%
Historical (2000 to 2014) Affordability Percentage: 29.19%
2013 Loan Vintage Foreclosure Rate: 0.06%
2014 Loan Vintage Foreclosure Rate: 0.14%
Number 15: Smith County, Texas
October 2014 Median Price: $189,700
October 2014 Affordability Percentage: 30.12%
Historical (2000 to 2014) Affordability Percentage: 28.82%
2013 Loan Vintage Foreclosure Rate: 0.06%
2014 Loan Vintage Foreclosure Rate: 0.06%
Number 14: Ada County, Idaho
October 2014 Median Price: $219,900
October 2014 Affordability Percentage: 30.20%
Historical (2000 to 2014) Affordability Percentage: 27.23%
2013 Loan Vintage Foreclosure Rate: 0.05%
2014 Loan Vintage Foreclosure Rate: 0.06%
Number 13: Somerset County, New Jersey
October 2014 Median Price: $419,000
October 2014 Affordability Percentage: 32.09%
Historical (2000 to 2014) Affordability Percentage: 30.26%
2013 Loan Vintage Foreclosure Rate: 0.09%
2014 Loan Vintage Foreclosure Rate: 0.54%
Continue to keep counting down the list of twenty U.S. counties where houses are becoming less affordable.
Number 12: Larimer County, Colorado
October 2014 Median Price: $249,950
October 2014 Affordability Percentage: 33.10%
Historical (2000 to 2014) Affordability Percentage: 32.61%
2013 Loan Vintage Foreclosure Rate: 0.03%
2014 Loan Vintage Foreclosure Rate: 0.10%
Number 11: Middlesex County, Maryland
October 2014 Median Price: $400,000
October 2014 Affordability Percentage: 35.47%
Historical (2000 to 2014) Affordability Percentage: 35.40%
2013 Loan Vintage Foreclosure Rate: 0.08%
2014 Loan Vintage Foreclosure Rate: 0.48%
Number 10: Deschutes County, Oregon
October 2014 Median Price: $235,000
October 2014 Affordability Percentage: 36.58%
Historical (2000 to 2014) Affordability Percentage: 35.09%
2013 Loan Vintage Foreclosure Rate: 0.02%
2014 Loan Vintage Foreclosure Rate: 0.04%
Number 9: Washington County, Utah
October 2014 Median Price: $218,950
October 2014 Affordability Percentage: 36.87%
Historical (2000 to 2014) Affordability Percentage: 35.37%
2013 Loan Vintage Foreclosure Rate: 0.04%
2014 Loan Vintage Foreclosure Rate: 0.06%
Continue to keep counting down the list of twenty U.S. counties where houses are becoming less affordable.
Number 8: Denver County, Colorado
October 2014 Median Price: $280,221
October 2014 Affordability Percentage: 40.80%
Historical (2000 to 2014) Affordability Percentage: 39.56%
2013 Loan Vintage Foreclosure Rate: 0.05%
2014 Loan Vintage Foreclosure Rate: 0.30%
Number 7: Honolulu County, Hawaii
October 2014 Median Price: $475,000
October 2014 Affordability Percentage: 48.18%
Historical (2000 to 2014) Affordability Percentage: 47.49%
2013 Loan Vintage Foreclosure Rate: 0.08%
2014 Loan Vintage Foreclosure Rate: 0.08%
Number 6: Orange County, California
October 2014 Median Price: $570,000
October 2014 Affordability Percentage: 57.85%
Historical (2000 to 2014) Affordability Percentage: 57.42%
2013 Loan Vintage Foreclosure Rate: 0.09%
2014 Loan Vintage Foreclosure Rate: 0.20%
Number 5: Alameda County, California
October 2014 Median Price: $565,000
October 2014 Affordability Percentage: 58.65%
Historical (2000 to 2014) Affordability Percentage: 57.64%
2013 Loan Vintage Foreclosure Rate: 0.06%
2014 Loan Vintage Foreclosure Rate: 0.06%
Continue to keep counting down the list of twenty U.S. counties where houses are becoming less affordable.
Number 4: Suffolk County, Massachusetts
October 2014 Median Price: $423,000
October 2014 Affordability Percentage: 60.70%
Historical (2000 to 2014) Affordability Percentage: 54.88%
2013 Loan Vintage Foreclosure Rate: 0.03%
2014 Loan Vintage Foreclosure Rate: 0.41%
Number 3: San Mateo County, California
October 2014 Median Price: $804,500
October 2014 Affordability Percentage: 72.76%
Historical (2000 to 2014) Affordability Percentage: 71.18%
2013 Loan Vintage Foreclosure Rate: 0.03%
2014 Loan Vintage Foreclosure Rate: 0.06%
Number 2: San Francisco County, California
October 2014 Median Price: $975,000
October 2014 Affordability Percentage: 97.44%
Historical (2000 to 2014) Affordability Percentage: 92.65%
2013 Loan Vintage Foreclosure Rate: 0.05%
2014 Loan Vintage Foreclosure Rate: 0.14%
Number 1: Kings County, New York
October 2014 Median Price: $615,000
October 2014 Affordability Percentage: 97.84%
Historical (2000 to 2014) Affordability Percentage: 95.16%
2013 Loan Vintage Foreclosure Rate: 0.73%
2014 Loan Vintage Foreclosure Rate: 1.89%
Send your story tips to the author, Michael Roberts.
