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Real Estate News

June 6, 2012

Best Places to Buy a Home in 2012

(Continued)

Syndicated —

8617 S Kentucky Ave, Oklahoma City, OK 73159 (below)

ZHVI: $108,200

For sale: $114,900

Neatly groomed, trimmed and cared for, this Oklahoma City home has an updated kitchen with new countertops, backsplash, stainless steel appliances, and cabinets. Walls in all rooms have been textured and freshly painted. Cathedral ceilings and bookshelves in living room.

See more Oklahoma City homes for sale

Rochester, NY

Rochester has been another steady performer throughout the housing crisis and while home values are down slightly for the year, values are rising on a monthly and quarterly basis. Rochester scored especially high in the price to rent category. It takes 7.3 years of rent to buy a similar home in Rochester, compared with the national average of 10.4. Buyers also have some negotiating room, 40 percent of listings had price cuts in April. 80% of homes sold for a gain in April.

50 Navarre Rd, Rochester, NY 14621 (below)

ZHVI is $117,100

For sale: $129,900

This 3-bed, 2.5-bath cheery yellow Colonial home offers 1,860 square feet of living space and is located on a tree-lined street across from the Seneca Park Zoo. Charming details include leaded glass on windows and doors, hardwood floors, moldings and French doors to enclosed porch.

See more Rochester homes for sale

Dallas

Dallas made our list with a high score in the affordability category, home prices are 5 percent below their historical average, even though home values have performed much better than most of the country, falling 15 percent from their peak. Buyers in Dallas also get a good bang for their buck, the median value per square foot in Dallas is $65, compared with $92 for the nation.

6050 Fox Point Trl, Dallas, TX 75249 (below)

ZHVI is $121,600

For sale: $125,000

Enjoy Tri-Cities view from this traditional 3-bed, 2.5-bath home, which on the Southwest Dallas real estate market. Kitchen includes granite countertops, stone backsplashes, a black undermount sink, and cherry wood cabinets. Upstairs bedrooms include huge, Texas-size master suite and bath with sitting area, jetted tub & large 5 foot shower.

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