The Most Undervalued U.S. Housing Markets

Cleveland Ohio and the surrounding areas have some of the most undervalued Real Estate in the United states. 

The key to getting the best results is having a team of professionals that have done many properties purchased and rehabbed on budget. We have done that in spades over 1200+ times .

Cleveland is an excellent place to purchase real estate if you have someone in your corner handling all the details. 

Go to https://wealthcoachrealtor.com/ and see the results our clients make on their real estate. 

This is From realestate.usnews.com

Undervalued Homes for Sale

If you’re in the market to purchase a home, the following five MSAs are the most undervalued, with a payment-to-income ratio ranging from 23% to as low as 17%. This ratio is well below the national average of just over 36%:

• Detroit: 17.0% (bad Landlord tenant Laws)
• Cleveland: 19.1%
• Philadelphia: 19.9% (bad Landlord tenant Laws)
• St. Louis: 20.7%
• Oklahoma City: 23.2% (not a lot of people) 

Not surprisingly – and due in part to challenging winters – former Rust Belt cities such as Detroit, Cleveland, St. Louis and Oklahoma City top the list of the most undervalued markets to buy a home. Still, buying a home in these cities could be a promising long-term move as some have reinvested in their economies and been able to attract new businesses due to lower costs of doing business. In the Detroit MSA, the median payment-to-income ratio of 17.0% is less than half the 36.3% ratio for the overall U.S. 

Contact Brett 216-703-5740 Key Realty and Property Management