Toledo, Ohio — once off the radar for most real estate investors — has transformed into a housing hotbed.
New data shows rising home prices and affordability pressures nationwide turning lower-cost cities like Toledo into magnets for investor activity, pushing prices higher and sometimes edging out local buyers.
The city topped the latest The Wall Street Journal/Realtor.com Emerging Housing Markets Index, which ranks U.S. metros based on price appreciation, economic growth, lifestyle amenities, and climate resilience…