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West Virginia. As a state that has suffered with poverty and hard times for generations, West Virginia lands three markets on the best 25 list for the year as it benefits from newcomers moving to the state for its housing affordability.
Here are the city ranks with the forecasted growth:
Not surprising at all. Since all three of those cities have taken it on the chin economically for the past 30 years or so, and since all three also have an available stock of good housing at bargain prices due to population movements, such a good rating for prospective buyers is not at all surprising.
I know there are absolutely gorgeous victorians and other wonderful properties available in Wheeling for less than they were selling for in 1985. It is a buyers market there.
More than just housing affordability, I think it speaks to the demand in those cities as well. If there were no demand for housing in Charleston, Huntington or Wheeling, there would be no reason to see the type of growth listed above. Demand + affordable housing = growth That's a good thing for the state for certain.
I can see that. Morgantown's economy is so strong, and so many people want to move here that housing prices are high. In Morgantown you pay prices for wealthy urban areas of wealthy states. In fact NCWV never experienced the recession and prices are post recession.
The scenario you described with high demand up there would actually result in growth, not slow it. Not sure what this has to do with this topic though.
The scenario you described with high demand up there would actually result in growth, not slow it. Not sure what this has to do with this topic though.
Morgantown is growing fast, despite high prices. It is off topic though, but related to the topic. By far Morgantown is the strongest market in WV. I am sure those other areas are growing fast though, they have been hit hard over the last few decades, and WV is making a comeback thanks to the strength of NCWV. The whole state is benefitting, even previously weak markets.
By far Morgantown is the strongest market in WV. I am sure those other areas are growing fast though, they have been hit hard over the last few decades, and WV is making a comeback thanks to the strength of NCWV.
There was a thread on here a few months ago that stated otherwise.
There was a thread on here a few months ago that stated otherwise.
Im sure this alleged thread is what economist, politicians, and statisticians use to get their facts. Lets edit the WV wikipedia page and cite this alleged thread as a source.
Also, I am agreeing with you. Home prices in Morgantown are high. The success of the area has made it expensive for WV. It is not DC expensive, but for WV it is very expensive. THis comment is in no way a put down to Huntington. Im glad Huntington is making a recovery.
The scenario you described with high demand up there would actually result in growth, not slow it. Not sure what this has to do with this topic though.
It has resulted, and continues to result in growth here. I agree with you about Huntington/Wheeling/Charleston housing. I think developments related to the natural gas industry bode well for all three areas, and with that in mind investing in housing is a smart choice in these areas now.
Never heard of that website. Use Charleston (city) QuickFacts from the US Census Bureau this is government data. I love how berkeley county and jefferson county aren't included in best housing market when they have almost double growth in population and median value of homes. Berkeley county had a 37% increase in population from 2000 to 2010. I just don't understand how the eastern panhandle isn't included. If you use government data Berkeley county will become the most populated county in WV in less then 20 years, it's second now.
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