Everyone knows housing is a bargain in Ohio, where real estate prices are often well below $100 per square foot. Thanks to the housing bust, prices in many other areas of the country are an even bigger bargain.
A new analysis by the Federal Reserve Bank of Cleveland shows that housing prices in Atlanta and Charlotte are now on a par with prices in Ohio's metropolitan areas. In Phoenix, Orlando, and Tampa, median sales price per square foot is even lower than in Cleveland or Akron.
Source: Federal Reserve Bank of Cleveland, Trends in Housing Prices per Square Foot
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