Residential Construction Costs Continue To Soar! Courtesy of Wolf Street (a great blog to subscribe to!)… ‘…Construction costs of single-family houses spiked by 17.5% year-over-year in December, according to separate data from the Census Bureau today. This was the worst spike in the data going back to 1970. Compared to two years ago, construction costs […]
The citizens of the United States have the right to live in any state that they choose! So why is it that in these four population outflows outweigh inflows? Quality of life factors, job opportunity’s and cost of living are certainly serious factors in the living location decision-making process, with taxes being a major component […]
Anyone who owns a home or is about to buy a home is typically very aware that the costs don’t end once the deed has been transferred to their name! For that reason I take a certain amount of issue with a Zillow/Thumbtack study that placed the moniker ‘hidden costs’ on the yearly home ownership expenses that include property taxes, homeowners insurance […]
How much do you need to earn in order to buy a home in 27 cities around the United States? Here are some examples given interest rates, median home prices, taxes and insurance. Cities 30-Year Fixed Mortgage Rate % Change from 4Q13 Median Home Price % Change from 4Q13 Monthly Payment (PITI) Salary Needed Cleveland 4.50% […]
