Cinco Bayou

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Whether you are a first time home buyer or trading up to a larger home in Cinco Bayou, we work to find the best home loan solution in cinco bayou for you. Constantly surveying the hundreds of mortgage lenders as well as anonymously testing their staff, we are always aware of the conditions of the home loan market as well as the lenders involved in it.

Best Lender For Cinco Bayou Home Loans

Unfortunately, the subprime mortgage crisis has caused dramatic changes in the lending climate. Many lending institutions have suffered tremendous losses and as a result have tightened their lending standards drastically. Whereas it used to be very, very easy to meet the requirements in order to get approved, it is now much more difficult with most lenders. When searching for a mortgage lender in Cinco Bayou, it is important to find one that not only offers the lowest rates, but also has not tightened lending standards to the point that only a tiny percentage of applicants will qualify. At the top of our list right now is your local credit union. They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.  They are still approving the majority of applications.

Cinco Bayou Florida Overview & Statistics

Cinco Bayou Overview

As of 2007, Cinco Bayou's population is 374 people. Since 2000, it has had a population growth of -0.80 percent.

The median home cost in Cinco Bayou is $302,800. Home appreciation the last year has been -3.10 percent.

Compared to the rest of the country, Cinco Bayou's cost of living is 3.41% Lower than the U.S. average.

Cinco Bayou public schools spend $4,818 per student. The average school expenditure in the U.S. is $6,058. There are about 17 students per teacher in Cinco Bayou.

The unemployment rate in Cinco Bayou is 2.40 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Cinco Bayou jobs have Increased by 1.15 percent.

Cinco Bayou Climate

Cinco Bayou, FL, gets 66 inches of rain per year. The US average is 37. Snowfall is 0 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 94.

On average, there are 228 sunny days per year in Cinco Bayou, FL. The July high is around 91 degrees. The January low is 38. Our comfort index, which is based on humidity during the hot months, is a 27 out of 100, where higher is more comfortable. The US average on the comfort index is 44.

Cinco Bayou Housing

The median home value in Cinco Bayou, FL, is $302,800. Home appreciation is -3.10% over the last year. The median age of Cinco Bayou, FL, real estate is 22 years.

Cinco Bayou, FL Apartments and Rentals

Renters make up 43.74% of the Cinco Bayou, FL, population. 15.07% of houses and apartments in Cinco Bayou, FL, are unoccupied (vacancy rate).

Cinco Bayou Crime

Cinco Bayou, FL, violent crime, on a scale from 1 (low crime) to 10, is 6. Violent crime is composed of four offenses: murder and nonnegligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.

Cinco Bayou, FL, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.

For related resources see also:

www.cincobayou.com

Cinco Bayou Real Estate Agents

Florida First Time Home Buyers Grants

Florida First Time Home Buyer Programs

Florida Home Loan