I wanted to share with you the following article that was published by the TImes Union:

Affordability of housing reflects an area's job market

The century-old Victorian boasts five bedrooms, 2 1/2 baths and a fireplace.

With 2,500 square feet of living space on a more than half-acre lot, it's selling for just $79,900.

Why so inexpensive? It's in Gloversville, where the unemployment rate in November was 6.6 percent, nearly 2 full percentage points higher than the Capital Region's 4.7 percent rate.

The story is much the same in other parts of upstate. Where there's a weak job market, homes are a bargain.

And where the jobs are, you'll pay far more for a house.

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[caption id="" align="alignnone" width="628"] Exterior view of 124 Prospect Avenue Wednesday afternoon Jan. 7, 2015 in Gloversville, N.Y. (Skip Dickstein/Times Union)[/caption]

Times Union: Economy size By Eric AndersonPublished Sunday, January 11, 2015 eanderson@timesunion.com  •  518-454-5323