Archive for July 29th, 2010
CNN Money poll: Top 25 towns with affordable homes ORLANDO, Fla. – July 26, 2010 – CNN Money magazine has released its annual poll of some of the top places to live, and two Florida cities rank high as towns where residents’ income goes furthest when it comes to home purchase power.
Among CNN Money’s top 25 list for where homes are affordable, Deerfield Beach ranks No. 1 and Deltona is No. 4. Here’s what the magazine had to say about the cities:
No. 1, Deerfield Beach: With a median home price of $67,000 and a median family income (per year) of $56,519, residents here can find three-bedroom waterfront property for under $400,000. The beaches in this South Florida community are beautiful and completely open to the public; residents also are within easy driving distance of Fort Lauderdale or Miami for major league sports, entertainment and other amenities.
No. 4, Deltona: With a median price of $80,473 and a median family income (per year) of $56,907, house hunters here find properties for less than half the prices paid several years ago at the peak of the market. Located about 30 minutes from Atlantic Ocean beaches and within an hour’s drive of Walt Disney World, the area’s lakes offer boating, sailing and bass fishing.
View the rest of the top 25 list.
© 2010 Florida Realtors®