Mortgage and rental payments in the 4 hottest and coldest cities in Zillow

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<p class = "Canvas-Atom Canvas-Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "This article originally appeared on The Basis Point: Mortgage and Rental Payments in Zillows 4 Hottest & Coldest cities"data-reactid =" 31 "> This article originally appeared on The Basis Point: mortgage and rent payments in the 4 hottest and coldest cities in Zillow

You can see why some cities are attractive when the monthly purchase and rental payments are similar in 5 of these 8 cities.

Zillow recently surveyed a panel of over 100 economists and real estate experts on the growth in home value in 2020 in 25 major U.S. markets. Listed below are the four main markets where panelists expect to outperform and underperform. Below are house values, mortgage and rental payments, and other key statistics for each of these hottest and coldest cities in 2020.

<p class = "Canvas Atom Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "You can see why some cities are attractive in mortgages Rents are similar to 5 of these 8 cities, and some of these hot cities are improving labor markets and incomes @thebasispoint with comments and questions. The full list of cities can be found at the reference link below. "Data-reactid =" 46 "> You can see why some cities are attractive if mortgage or rent payments are similar in 5 of these 8 cities. Some of these hot cities also have improving labor markets and incomes. Interesting things. Please reach you @thebasispoint with comments and questions. You can find a full list of cities at the link below.

ZILLOW & # 39; S TOP 4 CITIES TO BE OVERCOVERED IN 2020

<h3 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "1. Austin"data-reactid =" 48 "> 1. Austin

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "- Median baseline: $ 388,065
– The house values ​​rose by 4.7% compared to the previous year
– Zillow predicts an increase of 2.8% within the next year
– Median list price per square foot: $ 230
– Average price of currently listed homes: $ 400,000 "data-reactid =" 49 "> – Average value of homes: $ 388,065
– The house values ​​rose by 4.7% compared to the previous year
– Zillow predicts an increase of 2.8% within the next year
– Median list price per square foot: $ 230
– Average price of currently listed properties: $ 400,000

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "AUSTIN MORTGAGE VS. rent payments
– Mortgage * based on average house value & amp; 10% off: $ 2,183
– Median rent: $ 1,772 "data-reactid =" 50 ">AUSTIN MORTGAGE VS. rent payments
– Mortgage * based on median home value and a 10% decrease: $ 2,183
– Median rent: $ 1,772

<h3 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "2. Atlantadata-reactid = 51> 2. Atlanta

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "- Median baseline: USD 287,054
– The house values ​​rose by 2.3% compared to the previous year
– Zillow forecasts an increase of 1.0% within the next year
– Median list price per square foot: USD 234
– Average price of currently listed properties: $ 324,900
– Median price of houses sold: $ 254,000 "data-reactid =" 52 "> – Median value of houses: $ 287,054
– The house values ​​rose by 2.3% compared to the previous year
– Zillow forecasts an increase of 1.0% within the next year
– Median list price per square foot: USD 234
– Average price of currently listed properties: $ 324,900
– Average price of homes sold: $ 254,000

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "ATLANTA MORTGAGE VS. rent payments
– Mortgage * based on average house value & amp; 10% off: $ 1,650
– Median rent: $ 1,800 "data-reactid =" 53 ">ATLANTA MORTGAGE VS. rent payments
– Mortgage * based on median home value and a 10% decrease: $ 1,650
– Median rent: $ 1,800

<h3 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "3. Charlottedata-reactid = 54> 3. Charlotte

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "- Median baseline: $ 245,618
– The house values ​​rose by 4.9% compared to the previous year
– Zillow predicts an increase of 4.5% within the next year
– Median list price per square foot: $ 153
– Average price of currently listed properties: $ 295,000
– Median price of houses sold: $ 237,700 "data-reactid =" 55 "> – Median value of houses: $ 245,618
– The house values ​​rose by 4.9% compared to the previous year
– Zillow predicts an increase of 4.5% within the next year
– Median list price per square foot: $ 153
– Average price of currently listed properties: $ 295,000
– Average price of homes sold: $ 237,700

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "CHARLOTTE MORTGAGE VS. rent payments
– Mortgage * based on average house value & amp; 10% off: $ 1,432
– Median rent: $ 1,500 "data-reactid =" 56 ">CHARLOTTE MORTGAGE VS. rent payments
– Mortgage * based on median home value and a 10% decrease: $ 1,432
– Median rent: $ 1,500

<h3 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "4. Nashvilledata reactid = 57> 4. Nashville

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "- Median baseline: $ 280,792
– Home values ​​increased by 3.2% compared to the previous year
– Zillow predicts an increase of 2.7% within the next year
– Median list price per square foot: $ 190
– Average price of currently listed properties: $ 329,000
– Median value of houses sold: $ 284,200 "data-reactid =" 58 "> – Median value of houses: $ 280,792
– Home values ​​increased by 3.2% compared to the previous year
– Zillow predicts an increase of 2.7% within the next year
– Median list price per square foot: $ 190
– Average price of currently listed properties: $ 329,000
– Median Price of Homes Sold: $ 284,200

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "NASHVILLE MORTGAGE VS. rent payments
– Mortgage * based on average house value & amp; 10% off: $ 1,653
– Median rent: $ 1,700 "data-reactid =" 59 ">NASHVILLE MORTGAGE VS. rent payments
– Mortgage * based on median home value and a 10% decrease: $ 1,653
– Average rent: $ 1,700

ZILLOW & # 39; S TOP 4 CITIES TO BE OVERCOVERED IN 2020

<h3 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "1. San Francisco"data-reactid =" 61 "> 1. San Francisco

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "- Median baseline: $ 1,373,630
– The house values ​​rose by 0.1% compared to the previous year
– Zillow forecasts an increase of 0.7% within the next year
– Median list price per square foot: USD 1,073
– Average price of currently listed properties: $ 1,325,000
– Median value of houses sold: $ 1,336,800 "data-reactid =" 62 "> – Median value of houses: $ 1,373,630
– House values ​​rose by 0.1% compared to the previous year
– Zillow forecasts an increase of 0.7% within the next year
– Median list price per square foot: USD 1,073
– Average price of currently listed properties: $ 1,325,000
– Median Price of Homes Sold: $ 1,336,800

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "SAN FRANCISCO MORTGAGE VS. rent payments
– Mortgage * based on average house value & amp; 10% off: $ 7,626
– Median rent: $ 4,495 "data-reactid =" 63 ">SAN FRANCISCO MORTGAGE VS. rent payments
– Mortgage * based on home median value and a 10% decrease: $ 7,626
– Median rent: $ 4,495

<h3 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "2. San Jose"data-reactid =" 64 "> 2. San Jose

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "- median baseline: $ 995,714
– House values ​​decreased by 8.1% compared to the previous year
– Zillow forecasts a decline of 1.8% within the next year
– Median list price per square foot: USD 620
– Average price of currently listed properties: $ 929,000
– Median value of houses sold: USD 918,900 "data-reactid =" 65 "> – Median value of houses: USD 995,714
– House values ​​decreased by 8.1% compared to the previous year
– Zillow forecasts a decline of 1.8% within the next year
– Median list price per square foot: USD 620
– Average price of currently listed properties: $ 929,000
– Average price of homes sold: $ 918,900

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "SAN JOSE MORTGAGE VS. rent payments
– Mortgage * based on average house value & amp; 10% off: $ 5,528
– Median rent: $ 3,395 "data-reactid =" 66 ">SAN JOSE MORTGAGE VS. rent payments
– Mortgage * based on home median value and a 10% decrease: $ 5,528
– Median rent: $ 3,395

<h3 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "3. los Angeles"data-reactid =" 67 "> 3. Los Angeles

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "- Median baseline: $ 713,617
– House values ​​rose by 4.6% compared to the previous year
– Zillow predicts an increase of 3.5% within the next year
– Median list price per square foot: $ 550
– Average price of currently listed properties: $ 859,000
– Median price of houses sold: $ 722,800 "data-reactid =" 68 "> – Median value of houses: $ 713,617
– House values ​​rose by 4.6% compared to the previous year
– Zillow predicts an increase of 3.5% within the next year
– Median list price per square foot: $ 550
– Average price of currently listed properties: $ 859,000
– Average price of homes sold: $ 722,800

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "LOS ANGELES MORTGAGE VS. rent payments
– Mortgage * based on average house value & amp; 10% off: $ 4,206
– Median rent: $ 3,600 "data-reactid =" 69 ">LOS ANGELES MORTGAGE VS. rent payments
– Mortgage * based on median home value and a 10% decrease: $ 4,206
– Median rent: $ 3,600

<h3 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "4. Sacramentodata-reactid = 70> 4. Sacramento

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "- Median baseline: $ 344,930
– The house values ​​rose by 4.7% compared to the previous year
– Zillow predicts an increase of 4.5% within the next year
– Median list price per square foot: USD 235
– Average price of currently listed properties: $ 339,850
– Median price of houses sold: $ 322,000 "data-reactid =" 71 "> – Median value of houses: $ 344,930
– The house values ​​rose by 4.7% compared to the previous year
– Zillow predicts an increase of 4.5% within the next year
– Median list price per square foot: USD 235
– Average price of currently listed properties: $ 339,850
– Average price of homes sold: $ 322,000

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = "SACRAMENTO MORTGAGE VS. rent payments
– Mortgage * based on average house value & amp; 10% off: $ 2,071
– Median rent: $ 1,812 "data-reactid =" 76 ">SACRAMENTO MORTGAGE VS. rent payments
– Mortgage * based on home median value and a 10% decrease: $ 2,071
– Median rent: $ 1,812

<p class = "canvas-atom canvas-text MB (1.0em) MB (0) – SM MT (0.8em) – SM" type = "text" content = "___
reference: "data-reactid =" 77 "> ___
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<p class = "canvas-atom canvas-text MB (1.0em) MB (0) – SM MT (0.8em) – SM" type = "text" content = "- *I have calculated the estimated mortgage payments based on today's interest rates (and the interest rates change daily). Payments include principal, interest, taxes, insurance and mortgage insurance (which are most often required when more than 80% of a home's value is financed with a single loan). , The San Francisco and San Jose jumbo mortgage estimates do not include mortgage insurance but an interest rate premium. Jumbo mortgage structures vary by lender, but the numbers shown will be similar for most Jumbo borrower profiles. "data-reactid =" 78 "> – *I have calculated the estimated mortgage payments based on today's interest rates (and the interest rates change daily). Payments include principal, interest, taxes, insurance, and mortgage insurance (most commonly required when more than 80% of a home's value is financed with a single loan). , The San Francisco and San Jose jumbo mortgage estimates do not include mortgage insurance but an interest rate premium. Jumbo mortgage structures vary by lender, but the numbers shown will be similar for most Jumbo borrower profiles.

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