Skip to main content
#
CALL US NOW 512-480-8384
Real Estate Blog
Real Estate Blog
Monday, April 16 2012

Home affordability is at its highest level on record, according to the National Association of REALTORS®. With fallen home prices and mortgage rates near all-time lows, several housing markets are showing signs of a turnaround and becoming known as good housing buys.

Forbes.com recently highlighted the best places to purchase a home right now, based on REALTOR.com February housing data (including listing, sales, and inventory trends) and jobs data for 146 metro areas. Here are the top six places to make the list: 

1. Tucson, Ariz.
Median list price: $170,000
Price drop from housing peak: 45.1%
Inventory: Down 23% year-over-year

2. Austin, Texas
Median list price: $229,500
Price drop from housing peak: 2.9%
Inventory: Down 19% year-over-year

3. Kansas City, Mo.
Median list price: $134,150
Price drop from housing peak: 8.8%
Inventory: Down 21% year-over-year

4. Baltimore
Median list price: $239,500
Price drop from housing peak: 22.3%
Inventory: Down 25.5% year-over-year

5. Fort Worth, Texas
Median list price: $160,000
Price drop from housing peak: 4.7%
Inventory: Down 26.5% year-over-year

6. Salt Lake City Utah
Median list price: $195,000
Price drop from housing peak: 19.4%
Inventory: Down 31% year-over-year

Source: "The Best Cities to Buy a Home Right Now," Forbes.com (April 12, 2012)

Posted by: Joa Realty AT 07:57 pm   |  Permalink   |  0 Comments  |  Email
Comments:

Post comment
Name
 *
Email Address

Message
(max 750 characters)
*
* Required Fields
Note: All comments are subject to approval. Your comment will not appear until it has been approved.

    Susie Kang, CCIM, CIPS, CRS
    Joa Realty

    800 Newman Dr.
    Austin, TX 78703
    Office: 512-480-8384
    Cell: 512-695-1481
    Fax: 512-428-8119
    Email: Susie@JoaRealty.com  

    email usour twitterour facebook page linkdin youtube

    Texas Real Estate Commission Information About Brokerage Services | Texas Real Estate Commission Consumer Notice

    Copyright© 2012 - Susie Kang. All Rights Reserved.| Site Designed By Dara's Design

    Site Powered By
        prostepmarketing.com
        Online web site design