Americans flock to heartland city where they can get a $200K discount on a home... but Wall St is closing in

New Photo - Americans flock to heartland city where they can get a $200K discount on a home... but Wall St is closing in

Affordable home prices and rising demand in the area are turning one surprising small city into a hotbed for real estate competition. Toledo, OH, once attracted the attention of local homebuyers who could afford it, but has now caught the eye of out-of-state investors with deep pockets, who have set14643897 off a real estate tug-of-war. While the median home price jumped 18 percent in March to $235,000, that's still is still about $200,000 cheaper than the US median, says Realtor.

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