To find the cities that offer the most bang for the buck, we looked at the country’s 100 largest Metropolitan Statistical Areas–geographic entities defined by the U.S. Office of Management and Budget, for use in collecting statistics– across these measures: foreclosures as a percentage of home prices; vacancies; unemployment rates; a three-year job-growth forecast; a three-year home-price forecast; housing affordability; median real estate taxes; and median travel time to work.
The Des Moines/West Des Moines metro area ranked fourth out of 100:
With low unemployment, at 6%, few vacancies and a promising home price forecast, the real estate market shows fresh signs of robustness. And its home prices make it possible for budget-conscious home buyers to get in the door–it scores above average for home price affordability.
The Omaha/Council Bluffs area ranked first on the Forbes.com list, and also ranked first on the list of cities “best surviving the recession. “No other Iowa metros were large enough to be considered for this analysis.
Click here and scroll down for more details on the methodology used to assess unemployment and healthy housing markets. Click here for the list ranking all 100 most populous metro areas. If you’re feeling down now that snow has arrived in Iowa, consider how much more affordable life is here compared to most of the sun belt cities.