Atlanta has seen huge amounts ofMay 15th, 2008
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We also measured tightening vacancy rates. Throw in bubbling entrepreneurial tech scene, and youve got four factors that put Houston on the top of our list of best places to buy home. Atlanta has seen huge amounts of growth and remains reasonable with median home price hovers around 150,000, and monthly mortgage payment of 4,322. 33, versus an average rent of 1,612. While housing certainly isnt cheap in the City by the Bay, it is definitely in demand and continues to appreciate. The vacancy rate has fallen by 37. 5 in the last months to just 1.
Encino, Calif.based real estate brokerage firm Marcus & Millichap provided stats on median monthly rents. Cities where mortgage payment was close to, or less than, the average rent is 702, and the average percent appreciation was just .07 over the last two years. Special Reports Advertisement Related Business Topics> Commercial Real EstateCompanies for Sale Subscriptions> Subscribe To Newsletters Subscriber Customer Service. The South made nice showing with Charlotte, Jacksonville, Flo., and Atlanta, Ga., making our list. And buying isnt much more expensive than renting. More From Forbes.
We also measured tightening vacancy rates. Lots To Like In The LoneStar State Texas dominated our lineup of mortgageworthy areas. More From Forbes. com The vacancy rate has fallen by 37. 5 in the last two years.
In Depth Ten Best Cities To Buy HomeMaurna Desmond, PM ET Houston, we dont have housing problem. In stark contrast, San Jose, Calif., has an average monthly mortgage payment of 4,322. 33, versus an average rent of 1,612. San Antonio, No. Thanks to businessfriendly tax environment, many large corporations call the Lone Star State home, which creates jobs and tax revenue. The University of Texas campus provides young blood and researchrelated jobs to No. If you can pony up the down payment, these are great areas to live. An average mortgage payment is 1,022. 40, and average rent hits 767.
While housing certainly isnt cheap in the City by the Bay, it is definitely in demand and continues to appreciate. Whats housing like in your area? Weigh in. city on the rise with tempting of living, Philly is great place to buy new home. This state capitol is hip area on the rise. With lower monthly payment, tax incentives and the opportunity to build equity, it makes sense to buy here. Lots To Like In The LoneStar State Texas dominated our lineup of mortgageworthy areas.

