Here's how ABQ stacks up on how much income it takes to buy a home (slideshow)

With home prices in Albuquerque on the rise, mortgages could be taking a bigger chunk out of household income.

Out of the 100 most populous cities around the nation, Albuquerque came in 69th on a list that ranked the most affordable cities for homeownership, according to a recent report from RealtyHop.

Owning a home in Albuquerque requires about 28 percent of a household’s annual income, the report found. RealtyHop’s report analyzed median household incomes, median for-sale home listing prices,…

Source: The Business Journal