Cities With the Best-Bang-for-the-Buck
According to Kermit Baker, senior researcher at Harvard University's Joint Center for Housing Studies, the 20+ metros on Forbes list are "sleepy little markets that have fallen under the radar screen in terms of turbulence in housing. They didn't go through much or a boom or bust."
In order to come up with its list Forbes looked at the country's 100 largest MSAs across the following measures: foreclosures as a percentage of home prices; vacancies; unemployment rates; three-year job-growth forecast; three-year home-price forecast; housing affordability; median real estate taxes; and median travel time to work.
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