BLOG UPDATE: Home Prices May Be At The Bottom

Choosing a place to live

LOCATION, LOCATION, LOCATION - The three most important things when buying a home. That's only part of the story. Of course Location is important, but it's not the only thing that's important. For many people the ideal location means different things - Schools are important if you have young children, employment rates are important if you are unemployed, cost of living is important if you are on a fixed income and proximity to family is an important consideration for most. When choosing a place to live everyone has different criterion for their personal choice. The following information was gathered from Sperling’s Best Places website at www.BestPlaces.net. I chose a few local townships to give readers a small sampling of the things that may affect your home buying decision. Ambler (19002) Horsham Twp Blue Bell Warrington Doylestown Poplulation 32,135 24,805 18,380 19,650 18,184 Growth since 2000 +4.5% +2.41% +0.98% +21.78% +3.24% Median Home Price $428,000 $312,600 $413,800 $385,700 $446,000 - 1 yr appreciation (2.10%) (1.99%) (2.02%) (1.98%) (2.09%) Cost of living Vs US 54.4% higher 35.9% higher 52.1% higher 47.0% higher 56.8% higher $ spent per student $7,733 $7,403 $8,457 $5,842 $8,457 -Avg $ spent in US $5,678 $5,678 $5,678 $5,678 $5,678 Student/Teacher Ratio14.6 14.6 14.5 19.2 15.7 Local Unemployment 6.9% 6.9% 6.9% 7.5% 7.5% - National Rate 9.1% 9.1% 9.1% 9.1% 9.1% -Recent Job Growth (0.13%) (0.13%) (0.13%) (0.25%) (0.25%)


Posted on: Tuesday the 6th of September 2011.
Total views: 391
Written by: Tim Connelly

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