Thursday, December 18, 2008

More good news in Winston Salem!!

While much of the housing market is struggling, mid-priced, middle-class housing in some cities is on the rise. Affordability has kept these communities strong, say analysts from Forbes magazine, which examined data from Zillow.com to identify these healthy markets. Most of these markets never experienced a boom. That in conjunction with rising wages and employment has meant that increasing numbers of residents can afford to buy a home. Here are the markets where prices for mid-priced housing have risen most in the past year.* Ithaca, N.Y., median home price, $179,500; increased 5.9 percent in 2008* Winston-Salem, N.C., $136,845, 3.4 percent* Utica, N.Y., $112,737, 3.3 percent* Spartanburg, S.C., $103,437, 3 percent* Little Rock, Ark., $122,439, 2.5 percent* Pueblo, Colo., $118,877, 2.4 percent* Augusta, Ga., $109,815, 2 percent* Oklahoma City, Okla., $113,417, 2 percent* Des Moines, Iowa, $147,427, 1.7 percent* Dallas, Texas, $132,312, 1.2 percentSource: Forbes, Matt Woolsey (12/04/2008)

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