Selection criteria not only included size and value, but also took into account factors like job growth and where home prices have increased in the past year.
“They’re very important factors. Everyone likes to get a good deal on a house, a cheap price; but, if you’re buying in a market where it’s still falling, it doesn’t make sense. Or in a market where you can’t get a good job or a good school. So these are each places that fill all that criteria,” Corcoran says.
She shares that Topeka was selected because:
- Prices in Topeka have not gone down more than 1%;
- Unemployment is only 6%; and,
- Topeka is a “great family area”.
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