Columbus ranks 3rd among 40 Largest Cities in US.

Columbus is primed for a stable year in the housing market with a projected median home sale price up 3.49%.This will be due to a combination of factors such as a lower than average inventory levels, little price volatility and high job growth.

Cities that do best have affordable housing and high job growth markets. Local construction costs play a role in affordability, and job growth attracts people to the area and increases their ability to buy a home

Some other factors that affect how prices move are the state of the local economies, new construction contacts, sales rates, affordability and inventory.

With the sales rate picking up Columbus can look forward to a stable year in 2008.

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