Joe Coakley
Founder and President, CDG
Testimonials:
“Joe Coakley has been an instrumental figure in assisting Bennett Homes achieve its business goals. He has challenged us to become a better organization today and is highly respected by my team”
-Todd Bennett, CEO, Bennett Homes, Bellevue, WA
"Joe is an advocate of working collaboratively with his customers and is always looking out for the interests of both parties."
-J. Matt Farris, Division President, DR Horton
“It`s fun working with someone who in return works hard for you..... Joe’s honesty and work ethics are a tribute to his success"
-Don Bender, President, Bender-Chaffey Corporation
“We are lucky to have someone with Joe’s passion, drive and vision with the Built Green program. He was a key figure in advancing the Built Green program in the Puget Sound region"
-Sam Anderson, Executive Director, Master Builders of King and Snohomish County
August 25, 2009 Back to index
Housing Cost Reduction from Peak
Housing Cost Reduction from Peak The chart below from John Burns Real Estate Consulting calculates the housing-cost-to-income ratio for major metro areas across the country assuming a 20% down payment, a fixed-rate conforming mortgage, and full amortization of the down payment over 7 years (the typical length of homeownership).| Housing Cost to Income Ratio (Peak to Current) | ||||
| Metro Area | Peak Date | Peak Ratio | Current Ratio | % Change |
| Oakland, CA (MDiv) | 2007-07 | 84% | 28% | 67% |
| Riverside-San Bernardino, CA | 2006-06 | 68% | 25% | 64% |
| Sacramento, CA | 2005-08 | 63% | 26% | 59% |
| Las Vegas, NV | 2006-06 | 54% | 22% | 59% |
| Phoenix, AZ | 2006-06 | 46% | 19% | 58% |
| Los Angeles, CA (MDiv) | 2007-08 | 102% | 45% | 56% |
| Miami, FL (MDiv) | 2007-07 | 76% | 34% | 54% |
| Washington D.C., DC-VA-MD-WV (MDiv) | 2005-11 | 53% | 25% | 53% |
| Detroit, MI (MDiv) | 2004-06 | 29% | 15% | 49% |
| Tampa, FL | 2006-06 | 42% | 21% | 49% |
| Orlando, FL | 2006-06 | 46% | 25% | 47% |
| Denver, CO | 2006-06 | 41% | 22% | 45% |
| San Francisco, CA (MDiv) | 2007-06 | 113% | 62% | 45% |
| Chicago, IL (MDiv) | 2006-06 | 44% | 25% | 43% |
| Boston, MA (MDiv) | 2006-05 | 61% | 37% | 40% |
| Atlanta, GA | 2005-03 | 27% | 17% | 36% |
| Seattle, WA (MDiv) | 2007-06 | 58% | 38% | 34% |
| Charlotte, NC-SC | 2006-07 | 33% | 22% | 33% |
| Houston, TX | 2006-06 | 29% | 20% | 32% |
| New York, NY-NJ (MDiv) | 2005-11 | 92% | 63% | 32% |
| Fort Worth, TX (MDiv) | 2006-06 | 22% | 15% | 32% |
| Portland, OR-WA | 2006-06 | 48% | 33% | 31% |
| Dallas, TX (MDiv) | 2006-07 | 29% | 20% | 31% |
| Indianapolis, IN | 2005-11 | 22% | 15% | 31% |
| Nashville, TN | 2007-07 | 31% | 22% | 29% |
| Raleigh-Cary, NC | 2007-06 | 33% | 25% | 25% |
| San Antonio, TX | 2007-06 | 32% | 24% | 25% |
| St. Louis, MO-IL | 2007-07 | 34% | 26% | 23% |
| Philadelphia, PA (MDiv) | 2008-08 | 36% | 28% | 22% |
| Austin, TX | 2007-06 | 32% | 26% | 19% |
| National | 2006-07 | 44% | 25% | 43% |
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