Saturday, November 16, 2019

Survey This is the best city to buy a house in this year

Survey This is the best city to buy a house in this year Survey This is the best city to buy a house in this year New WalletHub research shows that  Frisco, Texas is the best city to buy a home in this year, with a “total score” of 75.06 out of 100.The company looked at 300 cities in terms of “affordability and economic environment,” as well as “real-estate market.” Then it examined them in terms of 22 other factors before giving each city a score out of 100. WalletHub used information from the U.S. Census Bureau, among many other sources.The 10 best cities overall to buy a home in this yearDid yours make the cut?1) Frisco, TX: total score of 75.062) McKinney, TX: total score of 74.63) Allen, TX: total score of 73.934) Santa Clara, CA: total score of 73.795) Durham, NC: total score of 72.456) Murfreesboro, TN: total score of 72.47) Richardson, TX: total score of 72.298) Seattle, WA: total score of 72.169) Bellevue, WA: total score of 72.1410) Denton, TX: total score of 71.98Furthermore, here are the top 5 cities in terms of each size category (“large cities,” “midsize cities” and “small cities”).Greatest big cities to buy a homeThe population of each is more than 300,000.1) Seattle, WA: total score of 72.162) Denver, CO: total score of 70.163) Fort Worth, TX: total score of 69.344) Aurora, CO: total score of 68.865) Colorado Springs, CO: total score of 68.12Greatest medium-sized cities to buy a homeThe population of each is 150,000 to 300,000.1) McKinney, TX: total score of 74.602) Durham, NC: total score of 72.453) Cary, NC: total score of 69.394) Fort Collins, CO: total score of 68.965) Boise, ID: total score of 68.95Greatest small cities to buy a homeThe population of each is less than 150,000.1) Frisco, TX: total score of 75.062) Allen, TX: total score of 73.933) Santa Clara, CA: total score of 73.794) Murfreesboro, TN: total score of 72.405) Richardson, TX: total score of 72.29How the cities compare to each otherThe infographic shows how they stack up:These are the signs of a good housing marketHoward Ways, AICP, Associate Professor and Program Director at Jefferson University, told WalletHub about the five biggest factors when taking a look at the best housing markets in a series of bullet points. He wrote: Population growth â€" Areas with a growing population will see an increased demand for housing. Rental vacancies â€" Low vacancies signal a competitive market and a pent up demand for new units. Median household income â€" High-income communities end to have a more disposable income to purchase the ancillary items related to housing â€" furniture, household appliances, etc. and to pay for private school tuition in areas where public school performance is an issue. Days on the market â€" Quicker sales means a competitive market and usually less available inventory. Amount of building permits issued â€" Predictor of things to come; more permits means more inventory coming online in the near future,” he told the site.

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