Sentences with phrase «on median»

For example, a buyer's broker could offer to refund 1 percentage point of the sale price, which on the median - priced American home comes to $ 1,843.

Brooklyn experienced decreases on its median rental price for two months in a row, then started surpassing its year - ago numbers.

A 1 % rebate on the median - priced home would save the homebuyer $ 1,843.

Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S. Bureau of the Census, and a weighted repeat sales index, meaning that they measure average price changes in repeat sales or refinancings on the same properties.

The map below, the result of research by AS / COA and Partnership for a New American Economy, shows the net change in a county's immigrant population from 2000 — 2010 and the corresponding effect on median home value.

We also calculated the estimated monthly mortgage to own a home in each state, based on the median list price of homes listed on Zillow, a 20 percent down payment and a 30 - year fixed - rate loan.

On a median per square - foot basis, home owners spent 78 cents per square foot per year on electricity, while owners of new homes spent 65 cents per square foot per year, according to data from the 2009 American Housing Survey (AHS).

In only eight of the metro areas could a housekeeper afford the mortgage on a median - priced home, and wait staff could afford to buy a typical home in just ten metro areas.

Of these professions, only one — flight attendants — has an average wage high enough to afford the mortgage on a median - priced home in the U.S., and workers in two of the jobs — housekeepers and wait staff — can not afford the typical rent on either a one - or two - bedroom apartment in any metro area.

This works out to about $ 1,400 per owner - occupied home within the zip code (based on the median across all zip codes estimated by NAHB).

According to the 2011 AHS, on a median per square foot basis, homeowners spent 81 cents per square foot per year on electricity.

Current low housing prices, coupled with historically low interest rates (the 20 year average is 7 % but a minimum down FHA loan can be had for 4.5 % today), explains why the monthly mortgage payment on a median priced house bought with a 20 % down payment has fallen to an all - time low of 13 % of the median income.

The average rent of $ 1,569 in Cook County requires about 31.6 percent of the average person's pay, compared with 32.4 percent for house payments on the median home priced at $ 207,800.

They are based on median home prices, which means they can vary from one county to the next.

While the average tax refund might not cover the down payment on the median price home, it certainly helps.

It then calculated the estimated monthly mortgage to own a home in each state, based on the median list price of homes, a 20 percent down payment, and a 30 - year fixed - rate loan.

The uptick on median price has led to a decrease in Orlando's affordability index: the February index of 271.61 percent is almost 2 percentage points lower than January 2012's index of 273.32 percent.

The average Denton County homeowner pays $ 3,911 annually in property taxes, on a median home value of $ 184,100.

And while overall demand is strong, the trend on median days on market is suggesting that the market is finding more of a balance — and that bodes well for would - be buyers who have been frustrated by the inability to find a home to buy this spring and summer.»

A monthly house payment on a median - priced home will require 36.6 percent of average wages, according to the report; a monthly fair market rent will require 38.6 percent.

These make great renters if you do your diligence and find a good tenant (which is important in every market) Also, as far as your stats on the median income in for example Okemos, the median income is 75k but no one in that community that is making near the median income is actually renting (also property taxes are high)

Monthly 30 - year mortgage payments based on the median price would also be significantly cheaper than the median rent in the state, at $ 1,460 versus $ 2,300, respectively.

Los Angeles, Calif. — With the highest median list price of our freshmen towns, Los Angeles still offers the right investor great options as average monthly rental prices are almost $ 1,000 higher than the estimated mortgage payment on a median priced home.

Estimated mortgage payments on a median priced home in the area with a 30 - year fixed loan and 20 percent down, come in at approximately $ 980.

But it also continued to put downward pressure on the median price of homes sold.

Realtor.com ®'s research team scoured the listing data to find which markets are seeing the quickest sales, based on the median number of days on the market.

In fact, national REO - only gains of 8.1 % over the last year on a median price - per - square - foot basis have outpaced non-REO price declines of -0.7 % by 8.8 percentage points.

Providence, R.I. — With a median list price of $ 259,000, the estimated monthly mortgage payment on a median priced home in Providence is $ 960, well below the average monthly rental price of $ 1,527.

«Foreclosures tend to carry discounted price tags — great opportunities for buyers — so the cumulative effect of all these sales is a restraint on the median price.»

The median annual property tax in Hawaii is $ 1,399 (but that's based on a median home value of over $ 500,000).

If you would like to get other charts on median $ / Sqft, the market action index, inventory levels and many other metrics, click the chart below to explore.

Housing Affordability Index (HAI) The Housing Affordability Index (computed by Axiometrics) is a measure of whether a family in an MSA earning the median family income can qualify for a mortgage loan on a median - priced, existing single - family home.

Per this Forbes article, a 20 % down payment on the median home in Cleveland is a reasonable $ 25,000.

An HAI value of 100 means that a family with median income has exactly enough income to qualify for a mortgage on a median - priced home.

Income was based on the median household income in the metro for those aged 25 - to 34 - years old.

The increase adds about $ 180 to the monthly payment on the median Seattle home, or an extra $ 65,000 over the life of a 30 - year loan.

Depending on the median income level in your area and the number of people living in your household, you might qualify for either the guaranteed housing loan or the direct loan for low - income families.

The company analyzed the largest metros in the United States based on median home prices, neighborhood density, neighborhood safety, and the proximity to the nearest cemetery to create the comprehensive list.

Attom Data Solutions estimated that the premium cut would have saved homebuyers $ 446 a year based on the median FHA home price of $ 185,000.

All of these loan limits are based on median home prices, to some extent.

An index rating of 100 means that a household earning a median income could afford the mortgage payments on a median - priced home.

(When the affordability index rises above 100, it means that the average household earns more than enough to afford mortgage payments on a median - priced home.)

Our reports show you charts and graphs with data on median prices, total inventory, average days on the market, price per square foot, and much more.

But in San Jose, California, it's only 3.5 % cheaper to buy (based on median home prices versus rents).

Here's a current look at how much salary you would need to earn in order to afford the principal, interest, taxes and insurance payments on a median - priced home in your metro area.

See below exactly how much salary you would need to earn in order to afford the principal, interest, taxes and insurance payments on a median - priced home in the 50 most populous metropolitan areas.

Monthly mortgage rates were calculated based on the median listed homes on realtor.com (assuming a 20 percent down payment) and the median rent for the county.

The average effective real estate tax rate is based on the median real estate taxes paid in the neighborhood, as a percentage of the median home value in the neighborhood.

The formula was based, in part, on median salaries from 2016 Census data and a monthly mortgage payment based on 28 percent of gross monthly income.

Median home prices in the Puget Sound area continued to rise in January, and a new report shows men are able to afford more of those homes than women based on median pay.