The homeownership rate is always exciting to watch as the economy recovers. The more people that own homes, the better the real estate market is performing and the more secure buyers feel in their finances. This alone could encourage more to enter the market, continuing the promising cycle.
As you know, interested homebuyers consider so much more than the asking price of a home. What is the status of the local area? What is the status of the house itself? What will be other costs associated with owning this home? Luckily, NerdWallet, an unbiased comparison website focused on providing the best information for readers, already did the research for homebuyers. And better yet, they recently listed the Birmingham-Hoover metro among the best places for homeownership in the country!
When compiling their lists, NerdWallet considered whether or not homes are available, the cost of living, and the growth potential for a certain area. Determined using statistics from the U.S. Census, the Birmingham-Hoover metro settled in comfortably with the top ten for large metro areas. Our homeownership rate was over 70 percent, with median monthly homeowner costs only reaching $1,264. Not to mention, the Birmingham-Hoover metro area had steady growth from 2011 to 2012, suggesting further development in the future.
As homeownership rates across the country improve, it should bring more serious homebuyers back to the marketplace. And, seeing how the Birmingham-Hoover metro is one of the best for homeowners, why not consider a new home in our incredible Ross Bridge community?
Residents here get the best of all worlds. They’re close to the Robert Trent Jones Golf Trail at Ross Bridge, have access to extensive community amenities like pools and parks, and are only a short drive from the thriving Birmingham and Hoover downtown scenes. The Ross Bridge course is one of the longest in the world and will certainly challenge your game in the best way. These signature holes wind through beautiful Alabama landscape with the breathtaking Marriott Renaissance Ross Bridge Golf Resort & Spa set as a centerpiece.
With three distinct neighborhoods, Glasscott, Haddon and Southampton, the variety in home design and attractive exteriors is nearly endless. Residents can find their perfect 3-5 bedroom home that completely exemplifies the golf-resort lifestyle. And, all homes are newly built, allowing homeowners to truly make them their own.
Homeownership is that much sweeter when you live in Ross Bridge!