Warnings that Housing Market Locking Out Moderate Incomes

By Pat Bradley

Albany, NY – The New York State Association of Realtors says the cost of buying an existing single-family home soared by nearly 37-percent in New York between 2002 and 2004. Affordable housing advocates agree with the real estate agents' group's warning that some people in the state are in danger of being priced out of their local housing markets. WAMC's North Country Bureau Chief Pat Bradley has more.