Can You Afford a House in These American Cities? A Fun Calculator!

So, you've heard a lot about the booming real estate markets in many American cities.  However, have you ever calculated if you can afford Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco and Washington, D.C. on your current income and with your current debts? Have no fear - for the first time on the … [Read more...]

Inflation Adjusted Home Value Return Calculator

In this article, we present a Home Investment Calculator.  We estimate median values and actual returns for any of 356 American Metropolitan Statistical Areas in an attempt to tell all of our American readers exactly how well their homes have performed as an investment. Real Estate Return Calculator For those of you reading this on feed … [Read more...]

Real Bay Area Income and Home Calculator, 2011 Edition!

Quick Links (Skip the Descriptions!): The Real Bay Area Income Calculator The Real Bay Area 'Home Affordability' Calculator The Real Bay Area Income Graph The Real Bay Area Calculator Limitations Data Sources and Thank Yous This post contains lots of dynamic features. If you are reading this in a feed or email please click through to the … [Read more...]

Refinance Your Mortgage and Pay the Same Amount? A Calculator to Determine if it’s Worth It!

There is a mortgage strategy variously described in different corners of the internet where a mortgage is refinanced... and payments stay steady.  For this strategy, a borrower is currently paying some monthly payment, and will continue to pay the exact same monthly payment after their mortgage is refinanced.  The benefits are usually explained as … [Read more...]

Should You Refinance Your Mortgage? A Calculator to Help You Decide!

Conceptually, it's easy to grasp why and when you should refinance your mortgage. In practice, inertia is the main reason people hold back from refinancing.  With that in mind, we present these mortgage calculator which will allow you to see how your current mortgage will compare with the mortgage you are considering.  Perhaps if the math is … [Read more...]

Bay Area Home Pricing – and Why It’s Probably Not a Bubble

The San Francisco Bay Area, generally agreed to include the nine California counties of Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano and Sonoma, is one of the wealthiest regions in the United States.  From its powerhouse engineering and business schools to the Venture Capital firms in Menlo Park and Palo Alto; … [Read more...]

Home Price Affordability Calculator

In our last article, we promised you a calculator so you can copy our methodology and calculate 'affordable' houses by determining what an acceptable monthly payment would be.  In our current article, we deliver!  Thanks to Ironman at Political Calculations for the calculator creation script, it was very useful once again! Home Affordability … [Read more...]

How Much Does Noise Affect Real Estate Prices?

Ever wonder how much better a house would be if it was in a better location?  Ever complain about a house because of its proximity to a highway or main street?  Throughout my housing search, I saw numerous houses which hit every mark - except being located on a busy street, or too near a highway.  Post-house search, I saw an interesting web site … [Read more...]