Tuesday, February 7, 2012

The Best Places for Home Sweet Home

The three biggest variables when deciding where to live are the affordability of housing, the cost of living, and the rate of employment. Forbes, US News & World Report, Huffington Post, and other media outlets have all chimed in with their surveys measuring each one of these areas in the upcoming months. And the sweet spot where these three variable meet? It's in the heart of Texas.
One of the best places to buy a house right now is Texas. Interestingly, Texas also has the lowest unemployment and the second lowest cost of living. Realtor.com reports that homes in Austin, TX are staying on the market an average of 77 days, selling 20% sooner than a year ago.
The worst place to try to makes ends meet, own a home, and work is California, followed closely by New York. And if you have sights set on living in Washington D.C., you're better off looking in nearby Baltimore, where prices have dropped 22% from their highest point.