Have you been spending more money than you allotted for this summer? Learn how to live a more wallet-friendly lifestyle at our free workshop on August 23rd from 4:30 PM – 5:30 PM in Riverside. Click link in bio to register!
My clients really do have the most beautiful homes 😍🙌🏼
#2 4640 Harbour Landing Drive is within walking distance of all the amenties you’ll ever need. Over 2,000 sq ft of living space, 3 beds, 3 baths, and a den || backing a walking path/green space || new paint throughout the main floor offering a neutral color scheme to match anyone’s style || low condo fees of $214/mo .
Link to full listing in my bio!
Contact me today for more information! .
Listed by Samantha Knoll || REALTOR®
RE/MAX Crown Real Estate
Here are the cities with the most home 🏠-buying power in the US.. The three key drivers of the Real House Price Index (RHPI) are household income levels 💰, the 30-year, fixed mortgage rate, and the unadjusted house 🏠 price index.
The Bad News: Affordability Declined 📉Year-Over-Year...
In May 2018, all three of the RHPI components increased compared with the year before. The 30-year, fixed mortgage rate increased by 0.6 percent, and the unadjusted house price index increased by 7.3 percent. Household income, also increased 3.2 percent since May 2017.
The Good News: Consumer House-Buying Power is Up 23.6 percent since 2011..
Unadjusted house prices are 0.8 percent above the housing 🏠market peak in 2006, and have been increasing 📈since the end of 2011, nearly a seven-year run.
Top Five Cities for House🏠-Buying Power..
But real estate is local and house-buying power differs between cities. Using a city's annual median household income, the five cities with the greatest consumer house-buying power in May 2018 are:
San Jose, CA: $660,884
Washington, DC: $633,093
San Francisco, CA: $583,496
Boston, MA: $509,520
Seattle, WA: $486,574
House🏠-Buying Power Outpaces Unadjusted House Price Growth...
Unsurprisingly, the top five cities coincide with the five cities with the highest household income. These cities also boast higher than national average household income growth - 4.9 percent from May 2017 to May 2018.
When house 🏠prices are adjusted for consumer house-buying power, the "real" level of house prices becomes more apparent. Across the five markets with the highest house-buying power, real, consumer house-buying power-adjusted house prices (RHPI) today remain 31.3 percent below the housing market peak, but are 8.2 percent above their level in the year 2000.
Source: Business Insider
Nashville is ranked #7 amongst the fastest growing cities in the nation!? Due to this the rental market is saturated, why rent when you can BUY! Call us today here at Knowledge Tree Mortgage so we can guide you through the process at (615) 859-9599.
Happy #freestylefriday 🎉•
There's always something to do in Lake Placid! This weekend, stop by the Heritage Fair at The @lakeplacidhistory Museum ~ happening Saturday from 10-2pm! •
Karen L Mergenthaler•
Licensed Real Estate Salesperson #goodtoknow
Call today to schedule your personal tour of this beautiful 3BD/2.5BA RIVERFRONT home on the Sante Fe River in Gilchrist County! The detached two car garage also has a workshop, boat parking & 1BR/1BA guest cottage! ⭐ $325,000 ⭐
MLS #: 774028
Listing Agent: Leigh Hartzog
Hometown Realty of N. Florida, Inc.