Austin #2 on poll of top cities rebounding from the recession

Top 6 Places to Buy

 
Daily Real Estate News | Monday, April 16, 2012

Home affordability is at its highest level on record, according to the National Association of REALTORS®. With fallen home prices and mortgage rates near all-time lows, several housing markets are showing signs of a turnaround and becoming known as good housing buys.

 http://www.forbes.com/sites/morganbrennan/2012/04/12/the-best-cities-to-buy-a-home-right-now/

 Forbes.com recently highlighted the best places to purchase a home right now, based on REALTOR.com February housing data (including listing, sales, and inventory trends) and jobs data for 146 metro areas. Here are the top six places to make the list:

1. Tucson, Ariz.
Median list price: $170,000
Price drop from housing peak: 45.1%
Inventory: Down 23% year-over-year

2. Austin, Texas
Median list price: $229,500
Price drop from housing peak: 2.9%
Inventory: Down 19% year-over-year

3. Kansas City, Mo.
Median list price: $134,150
Price drop from housing peak: 8.8%
Inventory: Down 21% year-over-year

4. Baltimore
Median list price: $239,500
Price drop from housing peak: 22.3%
Inventory: Down 25.5% year-over-year

5. Fort Worth, Texas
Median list price: $160,000
Price drop from housing peak: 4.7%
Inventory: Down 26.5% year-over-year

6. Salt Lake City Utah
Median list price: $195,000
Price drop from housing peak: 19.4%
Inventory: Down 31% year-over-year

See all top 10 cities to make the list at Forbes.com.

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About melissagriggswebb

My professional career has always had a focus on sales and marketing including a diverse mix of technology and media sales as well as fund raising and event planning experience. My passion for residential real estate and design led me back to Texas almost a decade ago at which time I acquired my real estate license. I escalated my real estate career when I partnered in a business with my husband, Robert, in which we renovate homes in the Central Austin area. We have a daughter who is the joy of our lives and keeps us on the go and on our toes! Besides my family, my interests include art, design, jogging and music. I am a member of the Austin Board of REALTORS®, the Texas Association of REALTORS®, the National Association of REALTORS® and Member of Who’s Who in Luxury Real Estate. My enthusiasm for the highly desired Austin lifestyle, in addition to my extensive knowledge, resourcefulness and professionalism, make me the one to call for properties in Austin.
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