10 Cities Where Mortgages Are Staying Afloat

5. Fayetteville, NC
> Pct. homes underwater: 4.56%
> 12-Month home price change: +1.14%
> Unemployment: 6.6%
> Homes built since 2000: 21.6%

The expenses that come with owning a home include mortgage and insurance payments, real estate taxes, and heating costs. Nationwide, nearly 30% of homeowners pay more than 2,000 or more on such expenses. In Fayetteville, North Carolina, just 10% pay that much. Unemployment in the region is relatively high, at 10.4%, but low costs and rising home values in the region help keep more than 95% of the region’s mortgages above water.

See other cities on the list here

Yours to Count On,

Erika Madsen
The Madsen Team ~ Our Trademark is Communication
Associate Broker/Realtor ®, CDPE, CLHMS

Coldwell Banker ~ Howard Perry & Walston
919.467.1882 office
919.520.6612 cell
919.653.4821 fax