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Buckeye Bargains

By Agnese, Braulio
Publication: Builder
Date: Friday, July 1 2005

According to the NAHB/Wells Fargo Housing Opportunity Index, for the first quarter of 2005 the metropolitan statistical area comprising Youngstown, Warren, and Boardman, Ohio, was the nation's most affordable housing market among major metro areas with populations exceeding 500,000. Ninety percent

of homes sold in the first quarter were affordable to families earning that locale's median household income of $51,300. The median price of all homes sold in the area during that time was $86,000.

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Also near the top of the scale among major metro areas with populations exceeding 500,000 were Grand Rapids-Wyoming, Mich.; Dayton, Ohio; and Buffalo-Niagara Falls, N.Y., in that order.

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