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Tag Archives: RealtyTrac

Cary, North Carolina Named ‘Nicest’ Housing Market; Milwaukee Designated as ‘Naughtiest’

With Christmas just one week away, RealtyTrac has released a list of the nicest and naughtiest U.S. housing markets based on a number of factors, including foreclosure rate, crime ratings, unemployment rate, school scores, housing affordability, and sex offenders per capita. RealtyTrac found the "nicest" housing market in the U.S. to be Cary, North Carolina, and the "naughtiest" to be Milwaukee, Wisconsin, based on those metrics. Cary was chosen as the nicest housing market based on the city's low unemployment by county rate (4.40 percent), sex offender per capita rate (0.021 percent, or an average of 2.12 sex offenders for every 10,000 people), low foreclosure inventory (0.17 percent, or 17 foreclosures for every 1,000 housing units), total crime index (20.1 percent, for a crime rating of A), average elementary school score for 2013 (1.0979) and home affordability, or the percentage of median income to buy median-priced homes (21.38 percent).

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Home Price Appreciation Gives Institutional Investors Incentive to ‘Cash Out’

The possibility of a high return on investment has given institutional investors the opportunity and motivation to cash out, leaving many to wonder about the future of the single-family rental industry and how it would be affected in areas with a high concentration of single-family homes purchased as rentals, should investors sell off in large quantities.

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Missouri Foreclosure Rate Tumbles in November

A steep decline in foreclosure filings in Missouri has dropped the Show Me State from the middle of the pack down to having one of the lowest foreclosure rates among states in November, according to RealtyTrac's U.S. Foreclosure Market Report for November 2014 released late last week.

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