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What Location is Best When Moving From a Chicago Home?

Date : September 10, 2013

selling your Chicago homeAre you looking to move from your Chicago home? If so, you may enjoy reviewing CNN Money’s post on the best places to live, top earning towns, and most affordable places to live. You may also want to call Sergio and Banks to learn about local market stats and get your Chicago home sold quickly!

As of last week (September 5, 2013) the average 30 year fixed rate mortgage was at 4.57 percent with an average 0.7 point according to the Freddie Mac Primary Mortgage Market Survey (PMMS®).

As rates are still under 5 percent, this is a great time to search for a new location as you relocate from your Chicago home. The top ten best places to live included Sharon, MA, Louisville, CO, Vienna, VA, Chanhassen, MN, Sherwood, OR, Berkeley Heights, NJ, Mason, OH, Papillion, NE, Apex, NC, and West Goshen, PA. Check out one of these towns noted as having a steady economy, abundant green space, great schools, and healthy sense of community and compare it to your neighborhood.

If you are looking in a top earning town, take a look at Scarsdale, NY, Weston, CT, or Hillsborough, CA. Median family incomes in these cities range from $262,456 to $291,542. These small communities also offer reasonable commutes to top earning areas and boast beautiful homes, great schools, and tight knit communities.

For those looking for the most affordable places to set up house, consider Altamonte Springs, FL, Plano, IL, or Homewood, IL, which is not too far from your Chicago roots. The median home price in each of these cities is $100,000 or less. These cities not only possess inexpensive home prices, but are also nice communities to call home. Take advantage of the current market and plan your move before conditions change. Ask us how we can your Chicago home sold quickly and for a referral in your new town if you are considering a long-distance move. At Sergio and Banks, we’d be happy to help!

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