Housing remains one of the biggest drags on the national economy, with housing prices continuing to slide in many large metro areas as overloaded inventories clog the market. This makes for dozens of U.S. cities where homes can be bought for low prices—often $150,000 or less.
According to U.S. News analysis of data from the National Association of Realtors and the U.S. Census Bureau, many of the metropolitan areas where homes are the most affordable are also cities that have been hardest-hit by foreclosures, like Las Vegas, Phoenix, and Atlanta. In these cities, home prices are low, and median incomes are substantial enough to make home-buying affordable, even attractive.
No comments:
Post a Comment