The national media is beginning to figure out what Clevelanders have always known -- when it comes to housing costs, your dollar stretches a lot farther here than on the coasts.
"Cleveland is the country's most affordable market, where the average price of a four-bed, two-bath homes comes in around $64,993," writes Carly Ledbetter in this November 15th story in the Huffington Post. "California, which lays claim 9 out of the 10 most expensive markets, also has the most expensive market in the U.S. with Los Altos (aka Silicon Valley), California as the most expensive market, as average houses list for about $1.963 million. Big surprise -- San Francisco is only
the 6th most expensive market."
"Just to put things in perspective, for the price of just that one "average" Los Altos home Coldwell estimates that a home owner could purchase
about 25 homes in Cleveland. Yikes."
Read the full story here