Allen Is 2016’s 6th Best Real-Estate Market – WalletHub Study
You can find the full study here:
.
To help prospective home buyers find the most attractive housing markets, WalletHub’s analysts compared 300 U.S. cities across 16 key metrics. Our data set ranges from “median home-price appreciation” to “housing affordability” to “job growth rate.”
Health of Allen’s Real-Estate Market (1=Best; 150=Avg.):
· 8th - % of Homes with Negative Equity
· 29th - Average Number of Days Until a House Is Sold
· 20th - Median Home-Price Appreciation
· 29th - Job Growth Rate
· 72nd - Foreclosure Rate
· 21st - % of Mortgage Holders in Delinquency
· 113th - Number of Unsold Homes Owned by Banks (REOs)
· 26th - Home Price as a % of Income
· 1st - Unemployment Rate
· 13th - Population Growth Rate
Allen ranks 6th overall and 5th among small cities.
