The 10 Best Cities for Homebuyers

Househappy —  October 29, 2013 — Leave a comment

Henderson, Nevada, Movoto’s top city in the U.S. for prospective home buyers

With low inventories and rising prices, it is certainly a seller’s market; But if you are ready and eager to buy a home, you may want to consider one of these locations:

  • Henderson, NV
  • Las Vegas, NV
  • Greensboro, NC
  • El Paso, TX
  • Lexington, KY
  • North Las Vegas, NV
  • Chesapeake, VA
  • Pittsburgh, PA
  • Fort Wayne, IN
  • Charlotte, NC

This list of 10 Best Cities for Homebuyers was created by Movoto based on the following criteria:

  • Total home sales per capita – A housing market with more properties available will generally be less competitive.
  • Median number of days on the market – Sellers may be more willing to negotiate and buyers have a better chance of getting the property they want when a home has been on the market for longer.
  • Median income to median home price ratio – The more potential buyers make in relation to median home price, the higher the area’s affordability.
  • Crime rate and school quality – Areas with lower crime rates and/or high quality schools are more attractive to buyers which keeps the property values up.
  • Higher unemployment rate – When fewer people are capable of purchasing homes there is inevitably less competition for buyers. Obviously, higher unemployment in the long run can affect resale value, but the unemployment rate is likely to decrease over the next couple of years.

This post can be found in its original form on Movoto.

Househappy

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From start to finish, Househappy redefines the modern homeownership experience by providing solutions for home search and maintenance. Sometimes life can distract us from proper home upkeep. That’s why we created Househappytrax, a technology tool designed to simplify home management by storing your home’s DNA. We send a trained professional to gather 250+ points of data specific to your house. The app features document storage, seasonal to-do lists and reminders, a maintenance and improvements calendar, discounts on home products and services, and you can even find trusted home services providers in your area -- all in one convenient location, accessible on any device.

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