Bloomberg names Berkely as ‘America’s Best Affordable Suburb’

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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