Local Housing Market Among Nation's Best

A national survey of housing markets has ranked Grand Rapids as the  third healthiest "big city" housing market in the United States.

The study by SmartAsset.com,  a financial services company, measures housing market health by the  average number of years residents spend in homes, home values, ease of  sale, and the costs associated with ownership.

Grand Rapids won its ranking mainly because of its low scores for  "the "average days on the market" and the region's relative low cost of housing compared to household income.

Plano, Texas and Arlington, Texas, scored higher than Grand Rapids, the  only Michigan city that appeared in the rankings of the nation's 100  largest cities.


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