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housing affordability

It's the modern home buyer quandry:

Do I want to pay more for the home to live closer work/school?

or

Do I want to pay less to live further away?

Lately I'm performing the following searches:

  • Homes close to work/school (usually re-sale)
  • Homes further away at bargain value pricing (often new homes)
  • We look at each and calculate cost and time savings vs. expenses and time lost.
Each buyer is different- some will want to buy as much house as possible while others want less time on the road.

Wouldn't it be great to see a visual representation of home affordability vs. transportation costs?

The Center for Neighborhood Technology thinks so.

They've developed the Housing + Transportation Affordability Index.

This allows you to see each component separately or together.

Give it a try. 

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Chuck Willman is a real estate agent and founder of USAvest... a nationwide network of investment mined individuals with and interest in real estate. 

 
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Author

Chuck Willman, Arizona RealtorĀ®, ABR, TRC
Gentry Realty & Investments
Tempe, AZ

Office Phone: (480) 292-0600
Cell Phone: (480) 292-0600

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Contact Chuck Willman, Arizona RealtorĀ®, ABR, TRC

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