Affordability has become a major concern among U.S. homebuyers, causing many to look toward midsize housing markets for their chance to buy a home. According to housing market platform Realtor.com, midsize cities, especially in the South and Midwest, have become more popular choices for prospective homebuyers who are looking to stretch their dollar. Columbus, Ohio, has the most interest from prospective buyers right now, followed by Knoxville, Tenn., and then Louisville, Ky.
“It is interesting to find that none of these top markets are traditional big cities such as New York and Los Angeles. Instead, many are midsize markets with relatively high affordability. While people move for different reasons, housing affordability is a key consideration for today’s homebuyers when choosing where to live,” says Realtor.com economist Jiayu Xu. “In addition, warmer weather is also a major draw as 5 out of 10 markets are located in the warm South.”
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