Business Insider interviewed First American Chief Economist Mark Fleming on affordability and used First American’s Real House Price Index to develop a list of the top 13 markets where affordability is declining.

“First American's Real House Price Index not only adjusts for inflation, but also median income in the area and interest rates on mortgages to gauge how affordable a home is. According to Mark Fleming, chief economist at First American, affordability over the country is improving as wage growth picks up and interest rates remain near all-time lows. ‘The gains in affordability, caused by a combination of low mortgage rates and recent improvements in wage growth are helping the market reach its potential for home sales,’ said Fleming in a note.”

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