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2006 U S Cities With Affordable Real Estate And Homes
The price of housing is a major challenge in the United States. Some estimates note that more than 50% of the population cannot afford a median priced home. According to National Association of Home Builders (NAHB), of the total number of new and existing homes sold nationwide during the third quarter, only 40.4 percent were affordable for families earning the median U.S. income of $59,600.
But it is good news that housing affordability on the national level has not changed much in the third...
Top 10 Fastest Growing U s Metros From 2000 To 2006
The 50 fastest growing metro areas were mostly concentrated in the West and the South, with 23 of them in the West and 25 in the South, according to the latest U.S. Census Bureau's population estimates. Of the remaining two of the top 50, Fayetteville-Springdale-Rogers, Ark.-Mo. was the only metro area that spread over both the South and Midwest region while the lone metro area of the Midwest was Sioux Falls, S.D. It is interesting to note that there were no metro areas in the Northeast among...
Housing Prices In The Top 10 Richest Zip Codes In The United States
The big housing boom that the nation experienced over the last five years, especially from the third quarter of 2001 through the third quarter of 2006, has not only perked the overall housing prices in the country, but also created a significant rise in the prices of America's richest Zip codes.
The Standard & Poor's Case-Shiller Home Price Index registered a five year increase of 63.7 % in home prices, for the nation in totality, according to Fiserv Lending Solutions, that supplies data...
Top 5 Real Estate Markets For Price Increases And Decreases
In its 4th quarter report of 2006, the real estate information site estimates the home value trends for the U.S. and 75 metropolitan areas. According to the data from http://Zillow.com, home values are now declining slightly on a year-over-year basis for the first time in a decade after years of appreciation.
Zillow's home value data goes back to 1997 and reveals the depreciation of home value rates at 0.48 % year-over-year at the national level. The depreciation in home value every quarter...
Top 20 Real Estate Foreclosure Markets Mid Year 2007
Stockton, California reported the highest foreclosure rate among the nation's 100 largest metro areas from Jan to Jun 2007, according to RealtyTrac, an online marketplace for foreclosure sales. Detroit and Las Vegas documented the next highest foreclosure rates. RealtyTrac's 2007 Midyear Metropolitan Foreclosure Market Report showed the foreclosure activity in the top 100 metro areas for the first half of 2007. As foreclosure rates continue to rise, 82 out of 100 metro areas recorded...
Home Prices Decline In Most Top 20 Markets
The Standard & Poor's/Case-Shiller U.S. National Home Price Index posted a record annual decline of 3.2% in the home price growth rate. The data from the revised results for the 2nd quarter of 2007, published in June, reveal a declining growth rate in the prices of single family homes in most of the top 20 metro areas indices. The S & P/Case-Shiller Home Price Index tracks the value of typical single-family homes in the U.S. for the 20 U.S. metropolitan areas listed below.
This year's...
Where Are The Safest Places To Live In The United States
Being in a safe community is one of the most important factors that buyers consider when purchasing a home, condo or any other type of real estate. So where are Americas most secure places to live? The Farmers Insurance Group of Companies has released its third annual ranking of top 20 Most Secure U.S. Places to Live.
Bert Sperling, a database expert with http://bestplaces.net, compiled the Farmers rankings based on data from 379 U.S. municipalities. Factors such as crime statistics,...
U S Cities With Top Home Price Gains And Declines
In a study of the 100 biggest housing markets by population in the United States, Fiserv Lending Solutions has come up with top five cities that are predicted to have the maximum home price gains and bottom five that are expected to show price declines from April 2007 to April 2008.
The top 5 cities that are slated to show home price gains are as follows:
1.McAllen, Texas: It's good news for McAllen home buyers with Fiserv forecasting a price gain of 9.8 percent over the next year for this...
4 California Cities Make Top 25 Most Populated List
In June 2007, the United States Census Bureau released data listing the top 25 most populated cities in the country. Not only is California the most populous state in the country with about 36 million people, it also has four of the most populated cities in the United States.
California cities that made the top 25 list include:
Los Angeles, ranked number 2 with about 3,849,378 people. San Diego, ranked number 8 with about 1,256,951 people. San Jose, ranked number 10 with about 929,936...
Top 8 U S Cities For Home Price Appreciation
Investors and home buyers are always on the look out for cities that have housing markets with appreciating home prices, especially when there is a slump in the housing market nationwide. Here are the insights into the top 8 U.S. cities for home price appreciation according to the Office of Federal Housing Enterprise Oversight (OFHEO) that are worth buying a home in, especially in view of their appreciating home prices.
The top eight cities that have exceeded the U.S. average in home...
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