The 2012 Home Listing Report ranking America’s most expensive and affordable cities is now available.
Every year around this time, I daydream about going to my favorite college town, Columbus, OH to root for the Ohio State Buckeyes. I spent a few years growing up just outside Columbus and the fanfare surrounding Buckeye football has stuck with me (although this year’s a bit tougher than usual). There is something about the changing leaves, football rivalries and general fall season that makes me wish I was in the middle of it all. This is also the time of year that we start preparing for the Coldwell Banker College Home Listing Report (being released in mid-November) which ranks college towns in affordability, and highlights the top 10 most expensive and most affordable.
REAL ESTATE IS LOCAL! So when Coldwell Banker issued our annual Home Listing Report (HLR), we kept that in mind. The HLR is a snapshot of more than 2,300 local real estate markets in North America (nearly 10 times more markets than last year), and it provides the average home listing price for four-bedroom, two-bath properties that appeared on coldwellbanker.com over a six month period of time.
As I was thinking back, it occurred to me that I purchased my home 40 years ago this year. It was 113 Oconee Drive in Spartanburg, South Carolina. The year was 1970 and I bought it (with some help from my parents) for what seemed like a huge sum of money – less than $30,000. The home was three-bedrooms and two-bathrooms, and I still remember the brick, the ranch layout, the carport and having the first place I could call my own!