County Median Home Prices and Monthly Mortgage Payment

Median Home Values 

Applying the House Price Index growth from FHFA to the latest housing data from the American Community Survey (ACS), we calculated a median home value for 3,119 counties and county-equivalents in the United States. Home values represent the value of all homes instead of home sales.

Nationwide, we estimated that the price of a typical home was $213,099 in the second quarter of 2017[1]. Based on our estimates, 85 percent of counties had a lower median home value than the national level.

Here is the list of the counties with the highest median home values:

San Francisco County, CA: $1,087,599

San Mateo County, CA: $1,060,104

Marin County, CA: $1,047,280

Nantucket County, MA: $977,237

Santa Clara County, CA: $951,515

Mortgage Monthly Payment

We also calculated the monthly payment by county based on the following mortgage rates: 3.5 percent, 4.2 percent and 5.0 percent.

Source : NAR

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Ukrainian Startup Offers Autonomous 3D-printed Mobile Houses

Ukrainian Startup Offers Autonomous 3D-printed Mobile Houses

Building a house by hand can be both time-consuming and expensive business. A new Ukrainian homebuilding startup called PassivDom uses a 3D printing robot that can print parts for module houses. When complete, the homes are autonomous and mobile, meaning they don’t need to connect to external electrical and plumbing systems.

PassivDom is the unique technology, which combines energy efficiency, full autonomy and mobility. Wherever you are – in the center of New York or high up in the Andes Mountains, PassivDom will create the ideal conditions for living. The house is 100% energy self-sufficient, it heats and conditions air and it is equipped with water storage. PassivDom doesn’t need electricity or gas, the house is heated through a solar energy. Its inhabitants can forget about utility bills and also enjoy the ecologically clean way of life.
Read: Real Estate Companies in Ukraine

the homes also offer the possibility of living off the grid

The machine can print the walls, roof, and floor of PassivDom’s 410-square-foot model in about eight hours. The windows, doors, plumbing, and electrical systems are then added by a human worker. Solar energy is stored in a battery connected to the houses, and water is collected and filtered from humidity in the air (or you can pour water into the system yourself). The houses also feature independent sewage systems.

Anti-seismic and wind resistant carcass meets the maximum requirements. Taking into account the record strength of the frame and the energy supply simplicity, the PassivDom can be regarded as an ideal safe use in seismic areas or any other areas of disasters.
Due to the self-regulating ventilation the comfort and healthy microclimate of PassivDom is much higher than ordinary houses have. A self-learning microclimate system creates favorable conditions inside the house: maintains an ideal temperature and humidity, monitors the oxygen and carbon dioxide content. PassivDom is 100% eco-friendly: PassivDom uses only sun energy and has ZERO carbon emission.

passivdom can make custom models as wellthe premium models come with furniture a kitchen a bathroom engineering systems an energy supply a water tank and a sewage system

PassivDom is a very warm house, it can be used even in Arctic climate conditions without using any fuel. The house uses only clean solar power and doesn’t need the combustion of gas, coal or any other fuel. Zero-emission pathway preserves nature and makes PassivDom environmentally friendly. PassivDom has a water storage (1000L) and filtration system. It cleans greywater using reverse osmosis. This water can be reused for household purposes. Autonomous BIO sewer system enables to receive fertilizer for gardening.


Since the startup launched in spring 2017, it has received more than 8,000 preorders in the United States for its homes, which start at $64,000. The first 100 ones will be delivered in January 2018.
Read: Kyiv Real Estate Market in 2017
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Amazon HQ2: Detroit bids for the new headquarters

Does Detroit have a shot at the new headquarters?

In September, Amazon announced they’re looking for a major city to set up their next headquarters. This isn’t just another office; it’s a major investment of up to $5 billion and 50,000 jobs.

Detroit might be a long shot, but a regional team led by Dan Gilbert is coming together to make a bid. We have the space and the talent, but our lack of public transportation could hold us back.

Could one of our new developments, like the Hudson’s site or the Monroe blocks, be a good fit? Or could a combination of a rehabbed building plus a new development work for the bid? Is the region able to band together for an opportunity like this?

The deadline for bids is October 19.

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Amid rising prices in Wynwood, panel debates trendy neighborhood’s future

Maximum lease rates rose to $100 psf in 2016, average building prices jumped to $1,000 psf.

During the four-year period between 2012 and 2016, land prices in Wynwood more than quintupled and lease rates more than doubled, raising the question: Is the trendy arts and entertainment district growing too fast for its own good?
The answer is no, if investors and property owners can strike a balance between making immense profits with nurturing creative retail establishments and affordable housing so the neighborhood can retain its edgy character, according to a panel of developers discussing the 2017 Wynwood market report presented by the Commercial Industrial Association of South Florida, or CIASF, on Friday.

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Photo: Wynwood Walls (Credit: Phillip Pessar)

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