Skip to main content
  1. News
  2. Business & Finance
  3. Personal Finance

Columbus 6th Best Housing Market

The economy has tanked.  The housing crisis has hit.  Despite these depressing headlines Columbus has been listed for the second year in a row as one of America's Best Housing Markets by Forbes.com.  In the February 22 article published by Forbes.com several cities were profiled as being strong and growing in spite of national negativity.  Using the Housing Opportunity Index and a number of other labor and industry statistics Forbes.com came up with a list of the 10 best markets.  Columbus was number 6 beating out larger cities for the top spot.

"Job-rich suburbs surround the city and 87% of middle-income families can afford a home." (Francesca Levy, Forbes.com)  Columbus also has a very low foreclosure rate at 2.29%.  The low foreclosures keep prices stable.  Columbus also boast an affordable median home value of $146,000, very affordable for middle income families.

The Columbus Board of Realtors reports a 6.2% growth in average sale price among the active listings.  With all this good news Columbus residents are poised to weather this storm just fine.

Comments

Advertisement

News

  • Israel, Hamas clash in Gaza
    Hamas claims to have captured an IDF soldier on the bloodiest day of the conflict
    Video
    Video
  • Missing bodies
    38 bodies have not been found from the MH17 debris field in eastern Ukraine
    World News
  • Peeping Toms in NSA?
    Has the NSA seen you naked? Edward Snowden says it's not unlikely
    NSA
  • Autism study
    The newest, largest study on autism suggests that it mostly has to do with genetics
    Science
  • McIlroy takes Open
    Rory McIlroy hangs onto the lead and wins the 2014 British Open
    Sports
  • $23 billion payout
    A jury sides with the widow of a smoker, tobacco company shells out $23 billion
    Headlines