RelocateAmerica Releases List of Top 100 Places to Live in 2010
RelocateAmerica recently released its list cialis daily 5mg of the Top 100 Places to Live for 2010, which is a list of those areas that are expected to thrive despite the housing market slowdown.
“While some cities are facing a road to recovery that could take years, others are poised for a rebound and have already seen growth,” said Peter Meyers, who is the vice president of research and development at RelocateAmerica, said in a MyBankTracker article. “We wanted to highlight those cities that area on the road back to economic health.”
While the mid-size city of Huntsville, Alabama was at the top of the list, the other top cities were much larger. These included Washington, D.C., Austin, Texas and San Diego, California.
In order to Levitra Professional be included on the list, RelocateAmerica considered a number of different factors and data that has been collected over the past year. Some of the information that was considered included:
* Feedback fro residents
* Economic data
* Education data
* Environmental data
* Employment data
* Crime data
* Housing data
Interestingly, with the exception of Huntsville, the cities that were included in the top ten are cities with communities that are richer than average. In addition, the other nine cities within the top 10 list offer many entertainment options to their residents. Furthermore, four of the cities to be Brand Viagra included in the Top 10 Recovery Cities list were also in the Top 10 Overall Cities list. Those that made both lists were less affected by the melt-down of the housing market than most cities throughout the country.
The San Francisco Chronicle also took a look at what factors need to be considered when assessing the strength of the housing market. Although the publication didn’t rank certain cities according to those that are most poised to recover, it did analyze how the national market measures up on the rating scale. These include:
* Pending Home Sales (homes that are in the process of being sold) – up by 8.2% in February
* Housing Starts (new residential projects) – down by 5.9% in February
* New Home Sales (sales of newly built homes) – record low of 308,000
* Existing Home Sales (sales of homes that have already been built) – up 0.3 million over the past year
* Home Inventory (number of homes for sale) – about 9 months worth, which is the worst it has been since August of 2009
* Housing Affordability – mortgage rates are low, which means the average family will only spend about 14.2% of its income on its mortgage rather than the typical 25% max
* Mortgage Applications (the number of mortgage applications provides a good idea of how many people are actually buying homes) – down 9.6% in February
* Mortgage Rates (low mortgage rates encourage people to purchase homes) – down to 5.17%
* Real Estate Mutual Funds (rising returns are an indicator that investor confidence is growing) – up 105.3% over the past year
Clearly, things are still looking quite mixed in the national market. Nonetheless, it looks as if things are finally moving toward stabilization, which is certainly very good news.
Author Bio: Ryan Lynch is in charge of the marketing team for a real estate company specializing in Lakeway real estate. They also help buyers and sellers with Travis lake condos and waterfront lots.
Category: Finance/Real Estate
Keywords: relocation,real estate, austin texas