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TUESDAY TRIVIA: Which American city/region offers the most affordable market to buy new homes?

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Real Estate Agent with The Adam and Eric Group 01499486

REAL ESTATE

TUESDAY TRIVIA

 

Question: Which American city/region offers the most affordable market to buy new homes?

 

Answer: The housing market in Youngstown, Warren and Boardman, Ohio is currently the most affordable metro area in the U.S.

The City of Youngstown, named for John Young, was incorporated in 1867. Mr. Young purchased approximately 15,000 acres (the entire township) for slightly more than $16,000 in 1797 from the United States Government through the Connecticut Western Reserve Land Company. By 1798 more families were settling in the Mahoning Valley between the Mahoning River and Mill Creek Park.

By 1820, Youngstown's population began to grow, as well as industrialization, with the opening of the Pennsylvania and Ohio Canal. This waterway, abandoned in 1872, was replaced by railroads thereby attracting more people and industries in ever increasing volume. In 1877 the canal was officially closed and the property sold. The Railroad and industry purchased most of this property.

In 1876, the Mahoning County Seat was moved from Canfield to Youngstown, with the city's population growing to 33,220 by 1890. The first steel company was established in the Mahoning Valley, changing Youngstown industry from iron to steel which was the forerunner of miles of steel plants in the valley. The Youngstown Historical Center of Industry and Labor, built in 1986, houses the exhibit By the Sweat of Their Brow: Forging the Steel Valley which shows the impact of the iron and steel industry on this area.

Youngstown is also known for its dedication to the arts. In 1975, the Youngstown Area Arts Council was established to support all visual and performing arts in the area. The Butler Institute of American Art, one of the nation’s most unique museums, is located north of the downtown area near Youngstown State University. Also in the downtown area is Edward W. Powers Auditorium opened in 1931 by the Warner Brothers, one of the giants of the motion picture industry.

It is a wonderful place to live, work and visit!

Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Adam, I live and work in Valencia & Santa Clarita, California.  This city is host to Six Flags Magic Mountain.  Our home prices are quite low by Southern California standards and we offer safety, great schools and clean neighborhoods.  The community is a great place to live and offers an incrediblle investment for the future.  Keep me in mind for your clients relocating to Southern Califronia and I'll keep you in mind for the mid-west!

Aug 10, 2011 05:53 PM