Daily Archives: October 28, 2009

Walkability of Cities and Higher Values Correlate

By Selma Lewis, Research Economist In the report, “Walking the Walk: How Walkability Raises Housing Values in U.S. Cities” by Joseph Cortright, the authors analyzed data from 94,000 real estate transactions in 15 major markets provided by ZipRealty and found … Continue reading

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Monthly Mortgage Payments and Affordability

By Sophia Stuart, Research Economist Affordability measures typically use the prevailing 30-year fixed mortgage interest rate and assume a 10 percent downpayment to translate home prices into monthly payments. Under these assumptions, real monthly payments on a median priced house … Continue reading

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