Affordable Homes: Real Estate in Nation’s 10 Most Cheap & Livable Metro Areas
The 10 most livable and most affordable real estate metro areas in the United States have a number of other favorable characteristics in common, according to a new HouseHunt Current Real Estate Market Conditions survey conducted by HouseHunt, Inc., a consumer-oriented Internet firm that provides free information to thousands of homeowners, home buyers and home sellers across the nation. The survey shows median home prices range from $130,100 to $194,400 for existing homes for sale and also found:
The majority of the 10 metro areas report balanced, good-to-active housing markets with sellers usually getting 95% or more of their asking prices. Inventories of unsold homes are mostly limited.
The majority of the 10 metro areas are experiencing strong job and population growth and good economic news. They offer quality lifestyles, good schools and solid family recreation along with other amenities. Sales data shows that many recent home buyers are relocating from other, often more costly areas.
All 10 metro markets are attracting both first-time and move-up buyers...