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Old 06-03-2017, 01:29 PM
 
93,818 posts, read 124,552,237 times
Reputation: 18302

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Here is some Housing Opportunity Index(HOI) information from the National Association of Home Builders(NAHB)/Wells Fargo for the First Quarter of 2017: http://www.nahb.org/~/media/Sites/NA...by-rank-2017q1

Source: http://www.nahb.org/en/research/hous...ity-index.aspx
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Old 06-04-2017, 08:08 AM
 
Location: (six-cent-dix-sept)
6,639 posts, read 4,591,395 times
Reputation: 4730
most of the l.a. cities are dead last. i understand san fran, but what about the rest ?
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Old 06-04-2017, 12:43 PM
 
Location: Arizona
6,137 posts, read 3,877,939 times
Reputation: 4900
Quote:
Originally Posted by stanley-88888888 View Post
most of the l.a. cities are dead last. i understand san fran, but what about the rest ?
Los Angeles has very high housing prices, but prices are far lower in the Antelope Valley in the Lancaster and Palmdale area which has a commuter train via Metrolink and takes about an hour.

As far as California goes one doesn't need to go that far from Los Angeles County for much lower housing prices. Bakersfield, Moreno Valley, Hemet, Parris, Apple Valley and many other cities less then 100 miles from Los Angeles and the beach are in-line with housing prices in much of the Midwest.

Property taxes are about 1% of the home purchase in California, as opposed to the beyond excessive property taxes that go for an eternity in places like Nebraska and Iowa.

Prices also plummet by about half going from areas like Yorba Linda to Riverside.

Many Midwestern cities aren't as affordable as they seem due to extremely high property taxes.

I have heard the same on Texas, very high property taxes that make it far less affordable.

I don't own a home but property taxes in Omaha and Des Moines are just beyond excessive.
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Old 06-04-2017, 12:50 PM
 
Location: Minneapolis
2,330 posts, read 3,820,774 times
Reputation: 4029
Quote:
Originally Posted by lovecrowds View Post
Los Angeles has very high housing prices, but prices are far lower in the Antelope Valley in the Lancaster and Palmdale area which has a commuter train via Metrolink and takes about an hour.

As far as California goes one doesn't need to go that far from Los Angeles County for much lower housing prices. Bakersfield, Moreno Valley, Hemet, Parris, Apple Valley and many other cities less then 100 miles from Los Angeles and the beach are in-line with housing prices in much of the Midwest.

Property taxes are about 1% of the home purchase in California, as opposed to the beyond excessive property taxes that go for an eternity in places like Nebraska and Iowa.

Prices also plummet by about half going from areas like Yorba Linda to Riverside.

Many Midwestern cities aren't as affordable as they seem due to extremely high property taxes.
What kind of person wants an hour long commute? I pay $800 a month for an 800 sq ft 1br in a safe neighborhood in the heart of a vibrant city and have a 5 to 10 minute commute depending on traffic.
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Old 06-04-2017, 01:10 PM
 
8,896 posts, read 6,925,514 times
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Keep in mind the NAHB advocates for more sprawl. Of course they design a metric to argue for that.
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Old 06-06-2017, 06:35 AM
 
Location: Dallas, TX and wherever planes fly
1,907 posts, read 3,236,867 times
Reputation: 2129
Quote:
Originally Posted by Drewcifer View Post
What kind of person wants an hour long commute? I pay $800 a month for an 800 sq ft 1br in a safe neighborhood in the heart of a vibrant city and have a 5 to 10 minute commute depending on traffic.
Ummm Where do you live? Sounds like a very pleasant dream.
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Old 06-06-2017, 09:33 AM
 
1,556 posts, read 1,916,691 times
Reputation: 1600
Quote:
Originally Posted by lovecrowds View Post
Los Angeles has very high housing prices, but prices are far lower in the Antelope Valley in the Lancaster and Palmdale area which has a commuter train via Metrolink and takes about an hour.

As far as California goes one doesn't need to go that far from Los Angeles County for much lower housing prices. Bakersfield, Moreno Valley, Hemet, Parris, Apple Valley and many other cities less then 100 miles from Los Angeles and the beach are in-line with housing prices in much of the Midwest.

Property taxes are about 1% of the home purchase in California, as opposed to the beyond excessive property taxes that go for an eternity in places like Nebraska and Iowa.

Prices also plummet by about half going from areas like Yorba Linda to Riverside.

Many Midwestern cities aren't as affordable as they seem due to extremely high property taxes.

I have heard the same on Texas, very high property taxes that make it far less affordable.

I don't own a home but property taxes in Omaha and Des Moines are just beyond excessive.
The Northeastern and mid Atlantic states with the exception of Delaware have exorbitant property taxes. Especially New Jersey and New Hampshire who have property tax rates that are downright criminal.
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Old 06-06-2017, 11:49 AM
 
93,818 posts, read 124,552,237 times
Reputation: 18302
Quote:
Originally Posted by Dyadic View Post
The Northeastern and mid Atlantic states with the exception of Delaware have exorbitant property taxes. Especially New Jersey and New Hampshire who have property tax rates that are downright criminal.
Keep in mind that this criteria also include property taxes.
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Old 06-06-2017, 11:56 AM
 
Location: SF Bay Area
18,983 posts, read 32,728,838 times
Reputation: 13647
Quote:
Originally Posted by Drewcifer View Post
What kind of person wants an hour long commute? I pay $800 a month for an 800 sq ft 1br in a safe neighborhood in the heart of a vibrant city and have a 5 to 10 minute commute depending on traffic.
Nobody wants a commute that long but sometimes it's what people have to do to be able to afford the housing they want or need. A one bedroom doesn't really work for a family of 4.
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Old 06-06-2017, 12:01 PM
 
Location: Minneapolis
2,330 posts, read 3,820,774 times
Reputation: 4029
Quote:
Originally Posted by Taynxtlvl View Post
Ummm Where do you live? Sounds like a very pleasant dream.
Minneapolis, in the Whittier neighborhood immediately south of downtown.
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