There may come a time in a person’s life when they want to change things. It’s a time when the adventure of moving to a new location and exploring all it has to offer seems exciting. If a person is trying to figure out the location of their next residence, they want to know the details of where they intend to live. Realtypin.com has done a study and rated 5 places based on the time a home is on the market, local unemployment rate, the stability of home values and more. They’ve compiled this information and provided a list of the 5 best places to live based on their information.
Dallas/Fort Worth, TX
This is the land of the Dallas Cowboys, Texas Rangers and the highest median home price in the nation. At this time their homes are 5 percent less than the region’s historical average. This is a place where people can buy a home, and feel confident if they will be able to sell it five years later they’ll make a profit.
This is a place of great street festivals and exciting rodeos. It has fascinating museums, military bases as well as the University of Arizona. This is a place for people with a desire to purchase a home in poor condition, return it to acceptability and “flip” it. More than 50 percent of the homes in the market are in foreclosure. Since many people here work for the government, it has a very low unemployment rate.
Grand Rapids, MI
If someone has read this more than once, yes, it’s Grand Rapids, MI. It is the second largest city in the state of Michigan after Detroit. In the past, year home values in this city have grown by 5 percent, while the unemployment rate has decreased by 2 percent. It has the Gerald R. Ford museum, and along their riverwalk they have symbolic burial mounds and fish ladders from the Hopewell Indian tribe and more.
This is a place where people attend the University of Texas and work for some of the best technology companies in the world. There are also several companies that have put corporate or regional headquarters here. With such a variety of companies in town, employment is readily available. Approximately 20 percent of Austin residents have annual incomes that range from $60,000 to 80,000.
This is a city of great golf courses, marvelous weather as well as fantastic outdoor activities and professional sports. Unfortunately home prices here have declined by 50 percent since 2006. A home purchased here may pay off big in the future, as things are improving quickly. The average price for a square foot of property in this city has increased more than 700 percent since last year.
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