Rent, Buy, Income Heat Maps from!

Rent, Buy, Income Heat Maps from! provides interesting heat maps. I am not sure how accurate it is but the service looks very promising, especially if you are looking to rent or buy in certain area.

Above is a heat map of household income of San Francisco. The meter stops at about $61K, I wish it went further to something like $200-300K at least.

HotPads, which brought us the foreclose heat map, now offers a handy rent ratio heat map. The rent ratio is a home’s sale price divided by the annual rent of a comparable home in the same neighborhood. Looking at the rent ratio gives you a quick sense of whether it makes more sense to rent or buy in a particular neighborhood. If the ratio is high (red on the map), it is usually a good indication that you are better off renting. If it is low (blue on the map), you are better off buying.

via techcrunch

Tags: , , , , ,

Leave a Reply

Related Posts

If you like this post then please subscribe to my full feed RSS. You can also subscribe by Email.

Featured Sites From Zedomax Blog Network