Wednesday, August 12, 2009

Should You Invest in California or outside California? Part 4

Demand, supply and appreciation have been analyzed. Now look at the income portion, or the rents.

CALIFORNIA0-BR1-BR2-BR3-BR4-BRMedian Price
San Jose-Sunnyvale-Santa Clara$961$1,113$1,338$1,924$2,118$450.0K
San Francisco-Oakland-Fremont$1,078$1,325$1,658$2,213$2,339$402.0K
San Diego-Carlsbad-San Marcos$1,024$1,168$1,418$2,067$2,493$323.2K
Los Angeles-Long Beach-Santa Ana$904$1,090$1,361$1,828$2,199$303.5K
Riverside-San Bernardino-Ontario$867$954$1,125$1,583$1,846$172.5K
Sacramento-Arden-Arcade-Roseville$737$838$1,022$1,475$1,690$169.3K


TEXAS0-BR1-BR2-BR3-BR4-BRMedian Price
Austin-Round Rock$658$749$912$1,228$1,398$182.3K
Dallas-Fort Worth-Arlington$670$746$905$1,201$1,455$135.7K
Houston-Sugar Land-Baytown$642$714$866$1,154$1,451$138.5K
San Antonio$577$642$792$1,022$1,241$148.3K


FLORIDA0-BR1-BR2-BR3-BR4-BRMedian Price
Miami-Fort Lauderdale-Pompano Beach$842$953$1,156$1,479$1,728$206.0K
Orlando-Kissimmee$793$862$985$1,233$1,452$154.8K
Tampa-St. Petersburg-Clearwater$705$782$946$1,199$1,447$135.3K
Jacksonville$685$779$907$1,138$1,304$154.1K


ARIZONA0-BR1-BR2-BR3-BR4-BRMedian Price
Phoenix-Mesa-Scottsdale$624$727$877$1,277$1,495$129.2K


NEVADA0-BR1-BR2-BR3-BR4-BRMedian Price
Las Vegas-Paradise$731$861$1,013$1,408$1,695$155.3K


GEORGIA0-BR1-BR2-BR3-BR4-BRMedian Price
Atlanta-Sandy Springs-Marietta$729$789$878$1,069$1,166$115.6K


Source: HUD 2009 Fair Market Rents, NAR 1st Quarter 2009 Median Price

So, which area would you pick to invest? Feel free to drop a comment.

Copyright © 2009 wealthaspiration.com - All Rights Reserved

No comments:

Post a Comment