November 5, 2008

With a Change in the Economy top 5 places to now live…

Since the economy has changed so much recently so has the top five states to live in. With a new list of top five states there are a lot of things to consider when choosing a new location for a home. There are many things that people are looking for including comfortable living and a stronger economy and a safe environment to raise a family.
The best place to live with plentiful jobs, excellent schools and affordable housing, an active outdoor culture and low crime is Plymouth Minnesota.
Coming in second is Fort Collins Colorado, with a bike lane on every new road built even the carless can get around.
Third place goes to Naperville Illinois. In Naperville the walk able down town area is packed with restraints, shops and the jobs are plentiful!
Forth place goes to Irvine California. Many people consider Irvine the perfect place to live with its school districts winning numerous awards and the majority of the jobs provided by the University.
At fifth place Franklin Township New Jersey. With plenty of high tech, pharmaceutical and research development plants there is more then enough of jobs to go around! So next time you are looking to relocate make sure to check out these places especially if it is in the next couple of months!

June 2, 2008

The State of the Economy

If you are one of those people who are not worried about the state of economy and you want to buy a new home right now here is some advice that will help point you in the right direction.

First of all take the time to find the right place. Do not pay attention to seller’s asking price and bid 10% lower then what comparable homes are selling for. If the seller does not want to budge then move on!

Mortgage rates are low so right now is the time to buy, waiting could be more costly! Financing is getting more expensive the so the longer you wait the more you pay in financing. Also even if prices fall more there could be a penalty for waiting!

Always strive to purchase a home in a neighborhood with good schools. Schools with higher rating represent stability, and especially right now that is very important. If you are looking into a foreclosed property that usually reflects instability if there are a lot of them in the area, this could mean a lower quality of life which you want to stay away from. When you are buying a property you are also buying the neighborhood, so keep that in mind!

I hope these suggestions help you make the right decision.

May 15, 2008

Real Estate in the state of a recession!

If you are looking for a real estate then I am sure you are aware that the recession has a huge impact on the market! I wanted to find out who was surviving the best out of all the cities in the United States and here is what I found: Oklahoma City is one of the country’s strongest housing markets and is in the best position to handle the crises. They have a solid growth rate in agriculture, energy and manufacturing all contributing to what makes them the strongest.

The next city is San Antonio with solid employment rates and affordable home prices. The other cities that are staying strong are Austin, TX; Charlotte, NC; Dallas, TX; San Jose, CA; Raleigh, NC; Salt Lake City, UT; and Seattle, WA. When gathering statistics Forbes.com looked at many different areas in the country and focused on the fifty largest metro areas.

The statistics that they used include unemployments rates, job growth, construction, education, health services, financial activity, transportation, trade, and many other figures. They also looked at the median home price and compared growth from forth quarter 2006 to fourth quarter 2007. In conclusion if you are looking for an area to find solid real estate opportunities you will have to look outside of your city if you are not in these cities!

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