West Bloomfield
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West Bloomfield Township Home Loans.
Whether you are a first time home buyer or
trading up to a larger home, we work to find the best home loan solution 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
West Bloomfield 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 West Bloomfield, 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.
West Bloomfield Michigan
Overview & Statistics
West Bloomfield Township Overview
As of 2007, West Bloomfield Township's population is 65,852 people. Since 2000, it has had a population growth of 1.53 percent.
The median home cost in West Bloomfield Township is $391,100. Home appreciation the last year has been -1.15 percent.
Compared to the rest of the country, West Bloomfield Township's cost of living is 9.93% Higher than the U.S. average.
West Bloomfield Township public schools spend $7,179 per student. The average school expenditure in the U.S. is $6,058. There are about 19 students per teacher in West Bloomfield Township.
The unemployment rate in West Bloomfield Township is 5.70 percent (U.S. avg. is 4.60%). Recent job growth is Negative. West Bloomfield Township jobs have Decreased by 0.26 percent.
West Bloomfield Township Climate
West Bloomfield Township, MI, gets 30 inches of rain per year. The US average is 37. Snowfall is 32 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 120.
On average, there are 182 sunny days per year in West Bloomfield Township, MI. The July high is around 83 degrees. The January low is 16. Our comfort index, which is based on humidity during the hot months, is a 50 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
West Bloomfield Township Housing
The median home value in West Bloomfield Township, MI, is $391,100. Home appreciation is -1.15% over the last year. The median age of West Bloomfield Township, MI, real estate is 25 years.
West Bloomfield Township, MI Apartments and Rentals
Renters make up 13.48% of the West Bloomfield Township, MI, population. 4.05% of houses and apartments in West Bloomfield Township, MI, are unoccupied (vacancy rate).
West Bloomfield Township Crime
West Bloomfield Township, MI, violent crime, on a scale from 1 (low crime) to 10, is 1. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
West Bloomfield Township, MI, property crime, on a scale from 1 (low) to 10, is 2. 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.twp.west-bloomfield.mi.us
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