Real Estate Trends & Market News
Realty Outlook provides independent real estate market data news and forecasts for cities in all 50 U.S. States and breaking real estate news for each market.
By tracking leading indicators like building permits, employment data, sales figures, market times, appreciation and depreciation trends you will be able to gauge the real estate cycle of your particular market and whether your area is appreciating or deflating.
Market News is updated by the minute and Market data and reports are updated periodically as local conditions demand. We attempt to reassess all markets on an on-going basis.
Realty Outlook also aggregates real estate trends and legal issues in over 100 countries round the globe.
AdministarorTuesday
Mar032009
U.S. Real Estate Market Outlook - Undervalued Cities in 2010
The most undervalued U.S. cities in 2010 - Investment Property & Real Estate Investing insights can be obtained from observing trends in real estate market data.
| Metro area | Median home price | Percent undervalued 2010 | Percent undervalued 2006 |
|---|---|---|---|
| Abilene, Texas | $82,700 | -12.30% | -11% |
| Akron, Ohio | $120,700 | -18.60% | 4% |
| Albany, Ga. | $90,200 | -5.50% | -2% |
| Alexandria, La. | $92,800 | -20.00% | 0% |
| Amarillo, Texas | $98,400 | -8.50% | 0% |
| Ames, Iowa | $136,400 | -13.50% | N.A. |
| Anderson, Ind. | $83,700 | -12.40% | 3% |
| Anderson, S.C. | $105,200 | -2.40% | N.A. |
| Ann Arbor, Mich. | $158,600 | -16.90% | 17% |
| Appleton, Wis. | $133,500 | -9.10% | 0% |
| Athens, Ga. | $135,300 | -10.50% | 3% |
| Atlanta, Ga. | $159,200 | -14.50% | 2% |
| Auburn, Ala. | $122,200 | -0.40% | N.A. |
| Augusta, Ga. | $113,500 | -6.30% | -2% |
| Austin, Texas | $177,400 | -6.90% | -7% |
| Bakersfield, Calif. | $126,000 | -19.20% | 51% |
| Baton Rouge, La. | $128,000 | -16.60% | 0% |
| Battle Creek, Mich. | $81,900 | -15.60% | 20% |
| Bay City, Mich. | $83,300 | -11.30% | 26% |
| Beaumont, Texas | $85,600 | -13.50% | -15% |
| Bethesda, Md. | $380,900 | -10.00% | 36% |
| Birmingham, Ala. | $121,100 | -15.70% | -1% |
| Bloomington, Ill. | $135,900 | -11.40% | 3% |
| Bloomington, Ind. | $121,000 | -6.60% | 3% |
| Boston, Mass. | $316,100 | -16.30% | 18% |
| Bowling Green, Ky. | $111,400 | -13.50% | 1% |
| Bridgeport, Conn. | $419,200 | -18.30% | 6% |
| Brunswick, Ga. | $119,800 | -4.90% | 23% |
| Buffalo, N.Y. | $126,000 | -5.30% | -5% |
| Burlington, N.C. | $115,700 | -5.60% | 0% |
| Cambridge, Mass. | $355,000 | -17.40% | 12% |
| Canton, Ohio | $108,100 | -11.70% | 11% |
| Cape Coral, Fla. | $118,700 | -36.80% | 52% |
| Carson City, Nev. | $174,100 | -22.00% | N.A. |
| Casper, Wyo. | $153,200 | -12.70% | 20% |
| Cedar Rapids, Iowa | $116,300 | -9.20% | -3% |
| Champaign, Ill. | $123,400 | -3.10% | 9% |
| Charleston, W.Va. | $91,700 | -21.80% | -7% |
| Charlotte, N.C. | $159,600 | -6.10% | -6% |
| Chattanooga, Tenn. | $117,700 | -4.80% | 5% |
| Cheyenne, Wyo. | $153,100 | -16.30% | 5% |
| Chicago, Ill. | $222,800 | -10.20% | 21% |
| Chico, Calif. | $194,100 | -4.80% | 59% |
| Cincinnati, Ohio | $131,000 | -18.40% | 1% |
| Cleveland, Ohio | $127,700 | -14.80% | 6% |
| College Station, Texas | $110,900 | -16.10% | -23% |
| Columbia, Mo. | $127,000 | -11.50% | N.A. |
| Columbia, S.C. | $120,300 | -6.30% | 1% |
| Columbus, Ga. | $112,900 | -18.30% | 2% |
| Columbus, Ind. | $117,100 | -13.20% | 2% |
| Columbus, Ohio | $139,700 | -16.80% | 2% |
| Corpus Christi, Texas | $102,900 | -15.50% | -8% |
| Dallas, Texas | $136,700 | -27.50% | -16% |
| Davenport, Iowa | $107,500 | -5.40% | 7% |
| Dayton, Ohio | $112,900 | -11.90% | 0% |
| Decatur, Ill. | $87,900 | -11.20% | 1% |
| Deltona, Fla. | $121,700 | -13.80% | 44% |
| Denver, Colo. | $229,300 | -2.10% | 10% |
| Des Moines, Iowa | $127,700 | -10.30% | -2% |
| Detroit, Mich. | $74,400 | -7.80% | 19% |
| Durham, N.C. | $176,300 | -4.20% | 2% |
| El Paso, Texas | $106,300 | -19.50% | -18% |
| Elkhart, Ind. | $109,900 | -1.20% | -6% |
| Erie, Pa. | $109,700 | -3.20% | 2% |
| Essex County, Mass. | $302,300 | -10.70% | 28% |
| Evansville, Ind. | $94,400 | -16.80% | -3% |
| Fairbanks, Alaska | $195,700 | -5.40% | N.A. |
| Fargo, N.D. | $136,500 | -4.30% | 3% |
| Fayetteville, Ark. | $114,800 | -21.50% | 11% |
| Fayetteville, N.C. | $113,800 | -24.40% | N.A. |
| Flagstaff, Ariz. | $207,600 | -1.00% | 29% |
| Flint, Mich. | $74,000 | -16.10% | 26% |
| Florence, S.C. | $89,800 | -6.10% | -1% |
| Fort Collins, Colo. | $219,200 | -1.00% | 10% |
| Fort Lauderdale, Fla. | $148,000 | -24.30% | 53% |
| Fort Smith, Ark. | $83,800 | -16.70% | -8% |
| Fort Walton Beach, Fla. | $147,200 | -17.10% | 43% |
| Fort Wayne, Ind. | $96,100 | -13.40% | -5% |
| Fort Worth, Texas | $113,300 | -27.30% | -15% |
| Fresno, Calif. | $146,600 | -16.80% | 58% |
| Gainesville, Fla. | $134,500 | -13.40% | 23% |
| Gainesville, Ga. | $137,700 | -13.30% | 11% |
| Gary, Ind. | $126,400 | -7.20% | 9% |
| Grand Rapids, Mich. | $105,300 | -22.10% | 14% |
| Green Bay, Wis. | $134,100 | -6.70% | 8% |
| Greensboro, N.C. | $123,300 | -6.90% | -2% |
| Greenville, N.C. | $98,900 | -14.20% | 0% |
| Greenville, S.C. | $122,100 | -4.30% | 0% |
| Gulfport, Miss. | $117,400 | -4.70% | N.A. |
| Hagerstown, Md. | $170,700 | -2.20% | N.A. |
| Hanford, Calif. | $144,200 | -18.40% | N.A. |
| Hartford, Conn. | $231,100 | -7.70% | 4% |
| Hattiesburg, Miss. | $95,100 | -14.50% | 1% |
| Holland, Mich. | $128,100 | -17.70% | 22% |
| Houma, La. | $116,200 | -34.60% | -1% |
| Houston, Texas | $128,200 | -28.80% | -14% |
| Huntington, W.Va. | $92,900 | -5.90% | N.A. |
| Huntsville, Ala. | $132,800 | -15.30% | -11% |
| Indianapolis, Ind. | $129,800 | -18.70% | -5% |
| Iowa City, Iowa | $152,400 | -6.90% | -6% |
| Jackson, Mich. | $94,500 | -11.50% | -1% |
| Jackson, Miss. | $104,200 | -23.90% | 24% |
| Jacksonville, Fla. | $141,900 | -14.70% | 31% |
| Jefferson City, Mo. | $113,500 | -9.40% | -5% |
| Joplin, Mo. | $93,000 | -8.60% | N.A. |
| Kalamazoo, Mich. | $109,400 | -17.10% | 11% |
| Kansas City, Mo. | $130,400 | -11.40% | 4% |
| Kennewick, Wash. | $155,300 | -0.30% | 2% |
| Killeen, Texas | $106,700 | -28.80% | -16% |
| Knoxville, Tenn. | $133,200 | -1.70% | 3% |
| Lafayette, Ind. | $112,800 | -15.10% | -10% |
| Lafayette, La. | $126,700 | -29.40% | 3% |
| Lake Charles, La. | $101,600 | -29.40% | N.A. |
| Lake County, Ill. | $233,800 | -13.90% | N.A. |
| Lakeland, Fla. | $98,100 | -17.50% | 23% |
| Lansing, Mich. | $103,800 | -20.20% | 18% |
| Las Cruces, N.M. | $119,000 | -3.80% | 0% |
| Las Vegas, Nev. | $129,700 | -41.40% | 38% |
| Lawrence, Kan. | $159,800 | -3.50% | 0% |
| Lebanon, Pa. | $150,900 | -2.20% | N.A. |
| Lewiston, Idaho | $139,800 | -2.00% | N.A. |
| Lexington, Ky. | $139,800 | -9.70% | 4% |
| Lima, Ohio | $99,600 | -3.60% | 1% |
| Lincoln, Neb. | $125,100 | -10.60% | -2% |
| Little Rock, Ark. | $106,900 | -21.60% | -6% |
| Longview, Texas | $99,800 | -14.90% | -11% |
| Los Angeles, Calif. | $368,000 | -1.40% | 54% |
| Louisville, Ky. | $128,400 | -8.90% | 3% |
| Lubbock, Texas | $88,800 | -13.30% | -7% |
| Macon, Ga. | $97,400 | -14.80% | -6% |
| Madera, Calif. | $170,100 | -11.30% | 70% |
| Madison, Wis. | $195,400 | -2.80% | 16% |
| Manchester, N.H. | $207,000 | -6.10% | 23% |
| Mansfield, Ohio | $100,200 | -0.30% | 7% |
| McAllen, Texas | $61,800 | -25.90% | N.A. |
| Memphis, Tenn. | $103,300 | -21.70% | -9% |
| Merced, Calif. | $102,300 | -37.70% | 77% |
| Miami, Fla. | $191,200 | -11.40% | 55% |
| Midland, Texas | $133,100 | -30.70% | -7% |
| Milwaukee, Wis. | $180,500 | -4.30% | 16% |
| Minneapolis, Minn. | $183,800 | -8.20% | 24% |
| Mobile, Ala. | $111,800 | -6.00% | -2% |
| Modesto, Calif. | $138,700 | -31.80% | 67% |
| Monroe, La. | $96,300 | -22.30% | -2% |
| Monroe, Mich. | $112,100 | -15.30% | 26% |
| Montgomery, Ala. | $105,900 | -19.00% | -12% |
| Muskegon, Mich. | $82,000 | -18.10% | 14% |
| Napa, Calif. | $340,100 | -15.50% | 65% |
| Naples, Fla. | $199,900 | -29.00% | 84% |
| Nashville, Tenn. | $165,500 | -6.50% | -1% |
| New Haven, Conn. | $240,200 | -5.50% | 11% |
| New Orleans, La. | $146,600 | -16.30% | 12% |
| New York, N.Y. | $456,600 | -7.10% | 27% |
| Newark, N.J. | $362,700 | -0.90% | 27% |
| Niles, Mich. | $117,400 | -6.30% | 21% |
| Norwich, Conn. | $230,200 | -2.20% | 15% |
| Oakland, Calif. | $349,800 | -21.70% | 47% |
| Ocala, Fla. | $98,600 | -17.50% | 35% |
| Odessa, Texas | $80,700 | -19.90% | -12% |
| Oklahoma City, Okla. | $108,100 | -24.20% | -5% |
| Omaha, Neb. | $122,100 | -16.50% | 0% |
| Orlando, Fla. | $141,200 | -17.10% | 33% |
| Oshkosh, Wis. | $122,700 | -13.70% | 0% |
| Owensboro, Ky. | $91,600 | -16.60% | -3% |
| Oxnard, Calif. | $350,100 | -14.30% | 55% |
| Palm Bay, Fla. | $118,400 | -24.40% | 49% |
| Panama City, Fla. | $129,000 | -8.60% | 46% |
| Parkersburg, W.Va. | $97,000 | -8.10% | N.A. |
| Pensacola, Fla. | $119,200 | -16.50% | 33% |
| Peoria, Ill. | $116,900 | -7.50% | 10% |
| Philadelphia, Pa. | $227,700 | -2.70% | 15% |
| Phoenix, Ariz. | $150,700 | -18.00% | 35% |
| Pittsburgh, Pa. | $115,900 | -12.50% | -1% |
| Port St. Lucie, Fla. | $115,600 | -33.30% | 72% |
| Prescott, Ariz. | $164,000 | -6.00% | 46% |
| Providence, R.I. | $235,500 | -4.90% | 35% |
| Pueblo, Colo. | $119,500 | -3.50% | 5% |
| Punta Gorda, Fla. | $110,400 | -27.80% | N.A. |
| Raleigh, N.C. | $186,400 | -7.60% | -3% |
| Redding, Calif. | $182,100 | -2.10% | 56% |
| Reno, Nev. | $169,700 | -26.50% | -38% |
| Riverside, Calif. | $178,300 | -16.90% | 65% |
| Rochester, Minn. | $138,100 | -9.70% | 0% |
| Rochester, N.Y. | $125,100 | -13.00% | -9% |
| Rockingham County, N.H. | $217,600 | -4.80% | 20% |
| Rocky Mount, N.C. | $95,900 | -10.30% | -5% |
| Rome, Ga. | $100,500 | -9.10% | N.A. |
| Sacramento, Calif. | $218,500 | -18.70% | 61% |
| Saginaw, Mich. | $81,700 | -11.90% | 13% |
| Salinas, Calif. | $310,200 | -24.30% | 75% |
| San Angelo, Texas | $99,300 | -1.40% | -10% |
| San Antonio, Texas | $113,800 | -15.60% | -11% |
| San Diego, Calif. | $336,900 | -17.30% | 46% |
| San Francisco, Calif. | $603,100 | -17.80% | 35% |
| San Jose, Calif. | $507,000 | -10.20% | 44% |
| San Luis Obispo, Calif. | $341,300 | -9.30% | 53% |
| Sandusky, Ohio | $120,100 | -12.60% | 3% |
| Santa Ana, Calif. | $469,300 | -6.90% | 44% |
| Santa Barbara, Calif. | $385,700 | -20.20% | 70% |
| Santa Cruz, Calif. | $457,100 | -10.50% | 44% |
| Santa Rosa, Calif. | $326,900 | -16.80% | 56% |
| Sarasota, Fla. | $133,900 | -28.00% | 56% |
| Savannah, Ga. | $141,400 | -2.20% | 21% |
| Sheboygan, Wis. | $137,200 | -2.60% | 9% |
| Sherman, Texas | $92,400 | -7.10% | -1% |
| Shreveport, La. | $102,700 | -26.50% | -3% |
| Sioux Falls, S.D. | $126,000 | -9.90% | -2% |
| South Bend, Ind. | $103,300 | -14.10% | -4% |
| Spartanburg, S.C. | $101,800 | -6.40% | -1% |
| Springfield, Ill. | $110,000 | -10.10% | -5% |
| Springfield, Mass. | $202,200 | -2.20% | 19% |
| Springfield, Mo. | $113,300 | -12.60% | -6% |
| Springfield, Ohio | $100,700 | -7.40% | 8% |
| St. Cloud, Minn. | $139,100 | -2.30% | N.A. |
| St. Joseph, Mo. | $98,700 | -10.30% | 7% |
| St. Louis, Mo. | $135,300 | -8.60% | 9% |
| Stockton, Calif. | $145,100 | -31.80% | 72% |
| Syracuse, N.Y. | $125,700 | -5.30% | -4% |
| Tallahassee, Fla. | $135,200 | -11.10% | 22% |
| Tampa, Fla. | $127,100 | -16.70% | 34% |
| Toledo, Ohio | $102,800 | -8.70% | 9% |
| Topeka, Kan. | $107,200 | -2.90% | 4% |
| Trenton, N.J. | $260,000 | -9.50% | 20% |
| Tucson, Ariz. | $148,200 | -15.00% | 27% |
| Tulsa, Okla. | $107,300 | -24.60% | -9% |
| Tyler, Texas | $110,000 | -15.30% | -7% |
| Vallejo, Calif. | $196,900 | -31.90% | 53% |
| Vero Beach, Fla. | $123,300 | -39.80% | 54% |
| Visalia, Calif. | $129,000 | -19.60% | 45% |
| Waco, Texas | $94,900 | -12.00% | -7% |
| Warner Robins, Ga. | $100,300 | -18.20% | -6% |
| Warren, Mich. | $117,500 | -32.30% | 15% |
| Washington, D.C. | $316,400 | -5.20% | 37% |
| Wausau, Wis. | $128,800 | -1.90% | 4% |
| West Palm Beach, Fla. | $164,400 | -30.30% | 57% |
| Wichita Falls, Texas | $83,300 | -20.60% | N.A. |
| Wichita, Kan. | $106,800 | -16.60% | -6% |
| Winston-Salem, N.C. | $127,600 | -5.90% | -1% |
| Worcester, Mass. | $213,000 | -10.50% | 29% |
| Youngstown, Ohio | $92,900 | -3.50% | 8% |
| Source: IHS Global Insight/PNC Financial Services |
Tuesday
Mar242009
Realty Outlook Predicts Unemployment in U.S. to reach 12%
Realty Outlook estimates that U.S. unemployment rate may reach as high as 12% by 2011. Data from using our job growth and loss projections and a lower-than-usual growth rate (compared to previous recessions) in the adult population looking for work shows a range of 11.5% to as high as 12.5% likely to reach critical mass by early 2011.
One fact to consider that can sometimes be overlooked is that unemployment will rise as long as the economy is growing at less than the rate of adults employed or looking for work,. This has averaged 1.6% per year since 1948 and 1.2% since 1990, but usually grows at a much slower rate during a recession.
Don't believe unemployment can get north of 11%? Well it is already there in some areas, 11.8% in San Bernadino, California and over 14% in Detroit Michigan. Las Vegas, Los Angeles, Charlotte and Sacramento are all north of 10%. The chart below rates the biggest increases in unemployment over the past 4 years.
| Unemployment Rate | |||
| Metro Area | Jan-05 | Jan-09 | Change |
| Riverside-San Bernardino, CA | 5.7% | 11.8% | 6.1% |
| Las Vegas, NV | 4.4% | 10.0% | 5.6% |
| Tampa, FL | 4.4% | 9.7% | 5.3% |
| Charlotte, NC-SC | 5.6% | 10.5% | 4.9% |
| Sacramento, CA | 5.5% | 10.4% | 4.9% |
| Orlando, FL | 4.2% | 9.0% | 4.8% |
| Detroit, MI | 9.4% | 14.2% | 4.8% |
| Los Angeles, CA (MDiv) | 6.1% | 10.8% | 4.7% |
| Oakland, CA (MDiv) | 5.4% | 9.2% | 3.8% |
| Atlanta, GA | 5.2% | 8.7% | 3.5% |
| Raleigh-Cary, NC | 4.5% | 7.9% | 3.4% |
| Portland, OR | 6.5% | 9.8% | 3.3% |
| Nashville, TN | 5.0% | 8.0% | 3.0% |
| St. Louis, MO | 6.4% | 9.1% | 2.7% |
| Indianapolis, IN | 5.4% | 8.0% | 2.6% |
| San Francisco, CA (MDiv) | 4.9% | 7.5% | 2.6% |
| Phoenix, AZ | 4.3% | 6.7% | 2.4% |
| Boston, MA (MDiv) | 4.7% | 6.8% | 2.1% |
| Seattle, WA (MDiv) | 5.0% | 7.1% | 2.1% |
| Miami, FL | 4.8% | 6.8% | 2.0% |
| Washington, D.C. (MDiv) | 3.8% | 5.7% | 1.9% |
| Philadelphia, PA | 5.4% | 7.3% | 1.9% |
| Chicago, IL (MDiv) | 6.5% | 8.2% | 1.7% |
| Denver, CO | 5.8% | 7.4% | 1.6% |
| New York, NY-NJ (MDiv) | 5.8% | 7.3% | 1.5% |
| Austin, TX | 5.0% | 6.4% | 1.4% |
| Dallas, TX (MDiv) | 5.8% | 7.1% | 1.3% |
| Fort Worth, TX (MDiv) | 5.8% | 7.0% | 1.2% |
| San Antonio, TX | 5.6% | 6.3% | 0.7% |
| Houston, TX | 6.0% | 6.5% | 0.5% |
It is not all bad news though as the markets in Texas are holding up remarkably well, below the national average.
4.4 million people also got new jobs in January, and 3 million more openings were available, BLS data show. Those numbers are down sharply from the start of the recession in December 2007 and weren't enough to offset the 4.9 million people who lost or quit their jobs in January. But the jobs data do show some bright spots — expanding industries that promise new, stable career opportunities. Energy, government and healthcare are the industries that have jobs available today
On a positive note suggesting a 12% unemployment rate (in 2011) as the most likely scenario.still means 88% of people will still be gainfully employed, and will probably have had the chance of a lifetime to buy a very inexpensive home while mortgage rates are low.
Monday
Jun152009
Report on Stabilization of U.S. Home Prices
According to a report by Radar Logic and the company's RPX Index, which measures trends in the price per square foot of homes in 25 U.S. metro areas, the freefall in house prices that was evident in 2008 has been flatening over the past several months -- but the slowdown in the prices may represent just a step toward recovery. By spring 2010 the data should present "a clear picture of which way the market is moving," Radar Logic reported. Even with some stabilization in home values, caution exist that some markets may see a continuing slide based on a buildup of foreclosure-related inventory and a typical seasonal slowdown in sales activity.
Radar Logic cited sales data from the National Association of Realtors trade group and from another monthly price index, the Standard and Poor's/Case-Shiller price index for 20 U.S. metro areas, as evidence for market improvements -- while noting that the operators of the Case-Shiller index do not believe a deceleration in downward price trends constitutes evidence for a recovery.
There will continue to be downward pressure on prices, Radar Logic states, To view the complete report click here. Even with the some stabilization of home prices inventories of non performing notes and real estate owned by banks continue to rise. Savvy investors are taking advantage of these bulk real estate investment reo portfolios.
Friday
Nov062009
Real Estate Values in College Towns
The top 10 most affordable college markets for home prices in 2009 are:
2009 Average
Rank School Town, State Home Price
-------------------------------- ----------------- ---------------
1 University of Akron Akron, Ohio $ 121,885
-------------------------------- ----------------- ---------------
2 Ball State University Muncie, Ind. $ 144,996
-------------------------------- ----------------- ---------------
3 University of Michigan Ann Arbor, Mich. $ 148,000
-------------------------------- ----------------- ---------------
4 Eastern Michigan University Ypsilanti, Mich. $ 151,500
-------------------------------- ----------------- ---------------
5 Texas Christian University Fort Worth, Texas $ 153,450
-------------------------------- ----------------- ---------------
6 University of Tulsa Tulsa, Okla. $ 154,800
-------------------------------- ----------------- ---------------
7 University of North Texas Denton, Texas $ 154,900
-------------------------------- ----------------- ---------------
Rice University &
8 University of Houston Houston, Texas $ 159,847
-------------------------------- ----------------- ---------------
9 Indiana University Bloomington, Ind. $ 164,433
-------------------------------- ----------------- ---------------
10 Kent State University Kent, Ohio $ 165,700
-------------------------------- ----------------- ---------------
The top 10 most expensive college markets for home prices in 2009 are:
2009 Average
Rank School Town, State Home Price
------------------------------ -------------------- ------------
1 Stanford University Palo Alto, Calif. $ 1,489,726
------------------------------ -------------------- ------------
University of California LA &
University of Southern
2 California Los Angeles, Calif. $ 1,347,125
------------------------------ -------------------- ------------
Boston/Chestnut
3 Boston College Hill, Mass. $ 1,337,578
------------------------------ -------------------- ------------
University of California
4 Berkeley Berkeley, Calif. $ 1,299,750
------------------------------ -------------------- ------------
5 San Jose State University San Jose, Calif. $ 808,926
------------------------------ -------------------- ------------
6 University of Hawaii Honolulu, Hawaii $ 712,500
------------------------------ -------------------- ------------
7 United States Naval Academy Annapolis, Md. $ 687,475
------------------------------ -------------------- ------------
8 Northwestern University Evanston, Ill. $ 663,250
------------------------------ -------------------- ------------
9 University of Colorado Boulder, Colo. $ 622,000
------------------------------ -------------------- ------------
10 University of Washington Seattle, Wash. $ 568,317
------------------------------ -------------------- ------------
The below chart ranks BCS top 25 college football teams in affordability
(as of Sunday, November 1, 2009):
BCS 2009 College
Standing Average HPCI
School Town, State Home Price Ranking
------------------------- -------------------- ---------- ----------
1 University of Florida Gainesville, Fla. $ 282,934 87
------------------------- -------------------- ---------- ----------
2 University of Texas Austin, Texas $ 226,642 59
------------------------- -------------------- ---------- ----------
3 University of Alabama Tuscaloosa, Ala. $ 206,267 41
------------------------- -------------------- ---------- ----------
4 University of Iowa Iowa City, Iowa $ 217,500 51
------------------------- -------------------- ---------- ----------
5 University of Cincinnati Cincinnati, Ohio $ 189,750 30
------------------------- -------------------- ---------- ----------
Texas Christian
6 University Fort Worth, Texas $ 153,450 5
------------------------- -------------------- ---------- ----------
7 Boise State University Boise, Idaho $ 215,432 49
------------------------- -------------------- ---------- ----------
8 University of Oregon Eugene, Ore. $ 314,038 98
------------------------- -------------------- ---------- ----------
Louisiana State
9 University Baton Rouge, La. $ 247,265 73
------------------------- -------------------- ---------- ----------
10 Georgia Tech University Atlanta, Ga. $ 287,250 89
------------------------- -------------------- ---------- ----------
11 Penn State University State College, Pa. $ 309,850 97
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University of Southern
12 California Los Angeles, Calif. $1,347,125 116
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13 University of Pittsburgh Pittsburgh, Pa. $ 241,125 69
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14 University of Utah Salt Lake City, Utah $ 291,000 92
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15 University of Houston Houston, Texas $ 159,847 8
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16 Ohio State University Columbus, Ohio $ 307,250 96
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17 University of Miami Miami, Fla. $ 510,000 107
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18 University of Arizona Tucson, Ariz. $ 227,470 60
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19 Oklahoma State University Stillwater, Okla. $ 173,667 15
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University of California
20 Berkeley Berkeley, Calif. $1,299,750 114
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21 University of Wisconsin Madison, Wis. $ 298,000 94
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22 University of Notre Dame South Bend, Ind. $ 183,938 23
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Blacksburg/Roanoke,
23 Virginia Tech University Va. $ 290,725 91
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24 University of Oklahoma Norman, Okla. $ 204,475 39
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University of South
25 Florida Tampa, Fla. $ 244,652 72
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The below chart ranks the Football Bowl Subdivision conferences in
affordability:
College HPCI
Ranking Conference 2009 Average Home Price
------------------------------ ------------------------------
1 Mid American $ 182,322
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2 Conference USA $ 210,882
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3 SEC $ 222,479
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4 Big East $ 237,366
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5 Sun Belt $ 242,213
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6 Big 12 $ 244,431
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7 Mountain West $ 251,876
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8 Big 10 $ 279,787
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9 WAC $ 356,528
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10 ACC $ 378,062
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11 Independent $ 411,444
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12 Pac 10 $ 747,180
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Methodology - 2009 Coldwell Banker® College Market Home Price Comparison Index: