Interesting article by Cliff Kuang in FastCompany.com, dated October 25, 2011, about Men and Women in Real Estate Sales. His article uses data from Trulia.com. To summarize: Men put up more homes to sell, and women list more expensive homes.
Men list more homes:
Women list expensive homes:
The Center for Housing Policy just released their 2011 Paycheck to Paycheck Report. In the report, they detail:
They also provide some templates on how certain occupations match up with the needed income to achieve the median home price in each MSA. The data points were collected from the National Homebuilders Association, US Department of Housing and Urban Development, and Salary.com
The Most to Least Expensive Homeownership Markets can be found here.
The Top 10 Most Expensive Homeownership Markets with Q3 2011 Prices are:
1. San Francisco, CA: $585,000
2. New York, NY: $450,000
3. San Jose, CA: $443,000
4. Honolulu, HI: $425,000
5. Santa Ana, CA: $405,000
6. Santa Cruz, CA: $395,000
7. Bridgeport, CT: $390,000
8. Suffolk-Nassau, NY: $378,000
9. Cambridge, MA: $370,000
10. Ocean City, NJ: $353,000
The Least 10 Expensive Homeownership Markets with Q3 2011 Prices are:
200. Battle Creek, MI: $85,000
200. Flint, MI: $85,000
202. Wheeling, WV: $84,000
203. Lima, OH: $83,000
203. Saginaw, MI: $83,000
203. Springfield, OH: $83,000
206. Bay City, MI: $82,000
207. Ocala, FL: $80,000
207. Toledo, OH: $80,000
209. Youngstown, OH: $77,000
The Center for Housing Policy also reviewed data for rental affordability. They compared 2 Bedroom rentals across all markets. The Most to Least Expensive Rental Markets can be found here.
Obviously, their are some market overlaps when you compare affordability of rentals to affordability of homeownership.
Here are the Top 10 Most Expensive Rental markets (Cities in BOLD are also in the Top 10 Most Expensive Homeownership Markets):
1. San Francisco, CA: $1,833
2. Santa Cruz, CA: $1,730
3. Honolulu, HI: $1,702
3. San Jose, CA: $1,702
5. Suffolk-Nassau, NY: $1,661
6. Santa Ana, CA: $1,584
7. Oxnard, CA: $1,527
8. Los Angeles, CA: $1,465
9. Bethesda, MD: $1,461
9. Washington, DC: $1,461
