According to a new report by WalletHub–a personal financing website– Grand Rapids ranks as the 16th-best housing market in the country. The analysis was conducted on the “best real estate markets” in the U.S.
Grand Rapids ranks 16th out of 300 cities and fourth among mid-size cities. Among the metrics studied Grand Rapids ranks 73rd in average days until sale, 30th in job-growth rate, 20th in foreclosure rate, 38th in home price percentage of income, and 64th in delinquent mortgages.
The data used came from sites such as Zillow, the U.S. Census Bureau, Bureau of Labor Statistics, TransUnion, Chmura Economic and Analytics, and Renwood RealtyTrac. You can view how other cities ranked and read the full article here.