0
0
0

Why Metro Atlanta is ranked in the top 3 places to own a home

by Peter Thomas Ricci

atlanta-luxury-real-estate-housing-market

The Metro Atlanta area is the third-best place in the country for homeowners, according to a new analysis from Bankrate.

Basing its study on a myriad number of factors – including affordability, maintenance costs, property taxes, appreciation, foreclosure rates and energy costs – Bankrate graded the nation’s largest metro areas on a scale of zero to 10, assigning a final score after all the grades were added up.

By that standard, Atlanta received a score of 57.55, with only Phoenix and Portland rating higher. The ATL received particularly high marks for its high affordability, low property taxes and steady appreciation.

Below, we’ve charted out the top 10 metro areas, along with their respective scores:

Metro Area Affordability Maintenance Property Tax Appreciation Total Score
Portland 5.97 8.39 8 7.18 60.58
Phoenix 8 7.51 8.38 9.51 58.01
Atlanta 8.44 7.49 9.07 8.73 57.55
Las Vegas 7.87 8.95 8.08 9.25 56.98
Minneapolis 7.88 7.23 7.72 7.75 55.34
Indianapolis 8.67 6.45 9.4 4.65 55.16
Salt Lake City 6.65 6.19 8.71 5.4 55.1
Denver 6.23 7.2 8.84 8.41 55.01
Louisville 9.62 7.44 9.19 3.09 54.86
Nashville 7.33 6.85 9.27 5.52 54.81

Read More Related to This Post

Join the conversation

New Subscribe