1. 
Oklahoma City
Share of income used for rent: 12.3%
Average rent: $543
Median household income: $52,917
Population: 1.21 million
2. Columbus, Ohio
Share of income used for rent: 14.5%
Average rent: $677
Median household income: $56,128
Population: 1.77 million
3. Indianapolis
Share of income used for rent: 15.1%
Average rent: $675
Median household income: $53,481
Population: 1.72 million
4. Kansas City, Mo.-Kan.
Share of income used for rent: 15.2%
Average rent: $701
Median household income: $55,411
Population: 2.01 million
5. Fort Worth-Arlington, Texas
Share of income used for rent: 15.6%
Average rent: $718
Median household income: $55,217
Population: 2.10 million
6. Cincinnati-Middletown, Ohio-Ky.-Ind.
Share of income used for rent: 15.7%
Average rent: $710
Median household income: $54,408
Population: 2.13 million
7. Denver-Aurora, Colo.
Share of income used for rent: 16.0%
Average rent: $887
Median household income: $66,545
Population: 2.53 million
8. Greenville-Spartanburg-Anderson, S.C.
Share of income used for rent: 16.5%
Average rent: $630
Median household income: $45,842
Population: 1.09 million
9. Houston-Baytown-Sugar Land, Texas
Share of income used for rent: 16.8%
Average rent: $769
Median household income: $54,848
Population: 5.81 million
10. Dallas-Plano-Irving, Texas
Share of income used for rent: 17.0%
Average rent: $814
Median household income: $57,467
Population: 4.24 million
According to Business Week…
1. Los Angeles
2. Stockton, Calif.
3. Riverside, Calif.
4. Miami-Miami Beach
5. Sacramento
6. Santa Ana-Anaheim
7. Fresno
8. San Diego
9. Bakersfield, Calif.
10. Washington, D.C.
1. Not understanding the length of the buying/selling process.
2. Exposing your hand.
3. Skipping the loan pre-approval step.
4. Assuming the appraisal equals actual value.
5. Timing the market.
6. Hiring the wrong agent.
7. Missing the big picture.
8. Not knowing what you’re signing.
9. Poor timing.
10. Not completing your due diligence with a criminal search.
1. The house has poor drainage.
2. The house has faulty wiring.
3. The roof leaks.
4. The house has an unsafe heating system.
5. The whole house has been poorly maintained.
6. The house has minor structural damage.
7. The house has plumbing problems.
8. The house’s exterior lets in water and air around windows and doors.
9. The house is inadequately ventilated.
10. The house has an environmental hazard.
According to MSN Real Estate
10- Seattle, Wash.
Though Seattle doesn’t suffer from oversupply, inventory last year doubled to 1.8%, from 0.9%, which would be more problematic if 1.8% wasn’t the eighth lowest rate in the country.
9- Charlotte, N.C
While prices here continue to climb both on a square foot and median price level, there was a slight increase in unsold inventory last year.
8- Providence, R.I.
Though prices here are falling, vacancy rates are extremely low and falling further (dropping to 1.6% at the end of 2007, the sixth lowest rate in the nation, from 1.8% at the end of 2006).
7- Denver, Colo.
Overbuilding and a high foreclosure rate stymie Denver’s housing market, which last year saw a 6.3% drop in prices.
6- San Antonio, Texas.
Prices here rose 7.9% last quarter, based on National Association of Realtor estimates, and its foreclosure rate was only 1% (problem markets like Atlanta have a rate of 2.5% and crashing markets like Detroit are over 4%).
5- Kansas City, Mo.
Prices in Kansas City reached highs in the second and third quarters of 2007, before dipping in Q4.
4- Austin, Texas.
In this affordable Lone Star State market, construction rates are in line with job growth and population increases, and as a result vacancies have remained steady at a healthy 1.5%.
3- Salt Lake City, Utah.
Through the housing boom, Las Vegas and Phoenix lead the nation in job growth, largely as the result of a flood of construction-related jobs.
2- San Francisco, Calif.
The city by the bay’s conforming loan limit recently jumped from $417,000 to the maximum $729,750, which makes credit a simpler affair for many of the city’s home buyers.
1- San Jose, Calif.
In what is largely one of the least affordable markets in the country, sellers continue to see high returns from real estate as tech money and venture capital money lift that economy.
Chicago, IL
Dallas, TX
Houston, TX
Los Angeles, CA
New York, CA
Philadelphia, PA
Phoenix, AZ
San Antonio, TX
San Diego, CA
San Jose, CA
According to CNN Money, via Real Estate and Homes, July 23rd 2007.
According to The Real Estate Bloggers, July 22nd 2007.
1 - Isla Vista, California (24.91)
2 - Stanford, California (21.18)
3 - Aspen, Colorado (18.60)
4 - Beverly Hills, California (14.10)
5 - Santa Monica, California (12.34)
6 - Miami Beach, Florida (12.24)
7 - Kiryas Joel, New York (12.09)
8 - Twin Lakes, California (11.16)
9 - Palm Beach, Florida (10.58)
10 - Strawberry, California (10.47)
According to City-Data.com
1 - Fort Leonard Wood, Missouri (1.0%)
2 - West Point, New York (1.0%)
3 - Eglin AFB, Florida (1.0%)
4 - Schofield Barracks, Hawaii (1.0%)
5 - Mountain Home AFB, Idaho (1.0%)
6 - Fort Carson, Colorado (1.0%)
7 - Bangor Trident Base, Washington (1.0%)
8 - Fort Hood, Texas (1.0%)
9 - Fort Rucker, Alabama (1.0%)
10 - Hickam Housing, Hawaii (1.0%)
According to City-Data.com
1 - Whiting, Indiana (66.4 years)
2 - Piedmont, California (66.0 years)
3 - Glen Ridge, New Jersey (65.5 years)
4 - Shamokin, Pennsylvania (65.1 years)
5 - Mount Carmel, Pennsylvania (65.0 years)
6 - Little Falls, New York (64.8 years)
7 - Gloversville, New York (64.3 years)
8 - Tamaqua, Pennsylvania (64.2 years)
9 - Salamanca, New York (64.0 years)
10 - Dormont, Pennsylvania (63.9 years)
According to City-Data.com
