correlation: Average Household Income Versus Home Values
- 02/11/11 12:11 AM
Have you ever wondered what local community traits have a correlation to the value of homes in that community? A long-time reader of the Tallahassee Real Estate Blog submitted a question after I posted “Real Estate History Foretells The Future Of Home Values” relating to this very issue, as “Patrick” wrote: Hello Joe – Your blog yesterday caused me to reflect on a question that I have had about the TLH market for some time, and that is the correlation (if there is one) between average per capita (or per family) income in a given area vs. the average price of a home. (2 comments)