Monday, January 25, 2016

What the Heck is a Healthy Real Estate Market?

"A healthy housing market is both stable and affordable; homeowners in a healthy market should be able to easily sell their homes, with a low risk of losing money over the long run. So, in order to find the healthiest housing markets in the country, we considered the following four factors: stability, affordability, fluidity and risk of loss."

Sources: US Census Bureau 2014 American Community Survey, Zillow

home price, home ranking, real estate, corcoran group, zillow

So.. Let's see if your real estate market is healthy..

The following helpful article from Bloomberg has already answered this question for us! See below a link to the article and a brief summary. Thanks, Anne Riley! Her Twitter---> (A_Riley17)

Montana Has Fewest Homes with Negative Equity

"The number of years residents live in their houses is one way SmartAsset measures a housing market's stability. The second factor it considers is the percentage of homeowners with negative equity."

Paying Up for a Roof Over Your Head

Assuming you were successful in selling your home (sorry, New Mexico) and purchasing a new one, just how much of your monthly household income should you expect to spend?

1 comment:

  1. I am thankful to this blog for assisting me. I added some specified clues which are really important for me to use them in my writing skill. Really helpful stuff made by this blog. คอนโดรังสิต