Fresno is starting the year off with the healthiest housing market in the country, a few years after being in the deepest real estate hole. A 3.38 percent jump in applications for home purchases and a small boost, 0.61 percent, in employment has helped keep Fresno at the top of mortgage giant Freddie Mac’s Multi-Indicator Market Index for several months. More homeowners also are paying mortgages on time, according to the monthly index released Dec. 30, and home purchasing power – based on prices, mortgage rates and household income – fell only slightly. The index was based on October 2015 numbers. Austin, Texas, and Honolulu came in second and third, respectively, with similar results. Salt Lake City came in fourth and Los Angeles placed fifth.
from Nice Homes in Fresno & Clovis http://ift.tt/1rbMSu3
No comments:
Post a Comment