Here's how much you need to earn to afford a home in 97 U.S. cities
CBSN
You don't have to be a millionaire to buy a home, but earning six figures would help.
The typical American household needs an annual income of $115,000 to afford the median priced home, which is $40,000 more than what the average household makes, according to Redfin chief economist Daryl Fairweather.
"Even places that historically have been affordable now need six figures," she told CBS MoneyWatch.

At ski resorts across the West this winter, viral images showed chairlifts idling over brown terrain in places normally renowned for their frosty appeal. Iconic mountain towns like Aspen, Colorado, and Park City, Utah, were seen with shockingly bare slopes, as the region endured a historic snow drought that experts warn could bring water shortages and wildfires in the months ahead. In:












