Bloomberg names Berkely as 'America's Best Affordable Suburb'

Wednesday, February 23, 2011 | Source: Bloomberg
Affordable and bargain are two words Metro Detroiters are used to hearing when it comes to home buying in the Motor City. Now a national news service, Bloomberg, is rating one Metro Detroit suburb, Berkely, as one of the top bargains to live in the U.S.

Excerpt:

Berkley, Mich., a city of 14,416, ranked as the most affordable suburb on the list. Says Jane Bais-Disessa, Berkley's city manager, "we are unique in that we offer some of the amenities of a large city, such as a large downtown, but are still small enough that everyone knows everyone." Homebuyers looking at Berkley may find opportunities: The median home-sale price fell to $103,799 last year, from $130,000 in 2008, according to Onboard.

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