Although the housing market across the country is in a recession, the Grand Rapids-Wyoming metro area ranks as one of the most affordable housing markets in the US.
According to excerpts from the story:
Indianapolis retained its standing as the most affordable major U.S. housing market for a ninth consecutive quarter in the latest NAHB/Wells Fargo Housing Opportunity Index (HOI).
"The third-quarter HOI reading indicates that 42% of all new and existing homes that were sold during the third quarter were affordable to families earning the national median income of $59,000," said NAHB President Brian Catalde. "This reflects a slight improvement in affordability from a year ago, when only 40.4% of homes were within reach of median income-earners."
Read the complete story here.
Neighborhoods:
Creston-Cheshire
,
Franklin-Eastern
,
Baxter
,
Midtown
,
West Fulton
,
Center City
,
East Hills - Cherry Hill
,
Heritage Hill
,
Eastown
,
Belknap-Monroe North
,
South Division
,
Madison Square
,
Stockbridge
,
Heartside
,
Garfield Park-Alger Heights-Grandville Ave
,
Near West Side
,
East Grand Rapids