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Do Homeowners That Eat BBQ Get Better Home Loans?

Best cities for borrowers

Salt Lick BBQToday, Forbes released their list of top 10 best cities for borrowers, noting that in the top performing metro areas, buyers get above average mortgage rates because in those areas, the foreclosure rates are low.

The theory is that because people living in these metro areas are more current on their loans, banks are lending more than in the troubled areas like Vegas, and less restrictive lending means better loan terms.

Here are the top 10 cities for borrowers

  1. Kansas City, KS
  2. Houston, TX
  3. Dallas, TX
  4. Virginia Beach, VA
  5. San Antonio, TX
  6. Boston, MA
  7. Pittsburgh, PA
  8. Denver, CO
  9. Seattle, WA
  10. Portland, OR

So let’s do the math

If you do the math, Kansas City (which is famous for BBQ) and three of the top 10 cities featured are Texas (famous for even BETTER BBQ) metros, that makes 40% of the top 10 list and 100% of the top 3 as BBQ eating cities… does that mean that homeowners that eat BBQ have fewer foreclosures? Does that mean that cities famous for BBQ have better loan terms? That sounds like paradise to me- BBQ and less restrictive lending. What do you think??

Lani is the COO and News Director at The American Genius, has co-authored a book, co-founded BASHH, Austin Digital Jobs, Remote Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.

14 Comments

14 Comments

  1. Ken Montville

    March 22, 2010 at 9:34 pm

    Wow! If I take my loan officer out for some good ol’ BBQ, does that mean I’ll get a better rate? Should I send some BBQ take out over to the underwriters to make sure I get priority service? But here’s the really important question: is it BBQ or Bar-b-que or Barbeque. I think it’s important to get it right. Dry rub or wet?

    • Lani Rosales

      March 22, 2010 at 10:44 pm

      No, no, no- you have to make sure that all the people you sold homes to get BBQ at least once per week so they don’t default and THEN the local economy blossoms due to the meaty goodness and your NEW clients may then get better rates.

      Just order it online from Salt Lick, they’ll mail it out in these foam boxes, it’s incredible. Or at least get their sauce. MMMMM

  2. Erion Shehaj

    March 22, 2010 at 10:20 pm

    I definitely call BS on that Top 10 list. Houston is first, then twelve empty spots 🙂

    • Lani Rosales

      March 22, 2010 at 10:45 pm

      @erionhouston I call BS on your BS call. Austin is not a metro, it is its own country, so it didn’t qualify for Forbes’ dinky little list. LOL

  3. Erion Shehaj

    March 22, 2010 at 10:52 pm

    I can tell you’ve never been to Goode Company BBQ or Otto’s @LaniAR. When you and Ben head east one of these days, we’ll call Ken and make it a party!

  4. United Country

    March 23, 2010 at 5:50 pm

    So funny! @laniar wonders if people who eat BBQ get better home loans. Although, does TX have better BBQ than KC? No way! https://ow.ly/1pPEq

  5. Century 21

    March 23, 2010 at 7:44 pm

    The best question/answer I’ve heard all day: Do homeowners that eat BBQ get better home loans? https://bit.ly/b1jRzN (@agentgenius)

  6. Stuart Foster

    March 23, 2010 at 7:47 pm

    RT @C21realestate: The best question/answer I’ve heard all day: Do homeowners that eat BBQ get better home loans? https://bit.ly/b1jRzN (@agentgenius)

  7. Annemarie Dooling

    March 23, 2010 at 7:53 pm

    RT @C21RealEstate: The best question/answer I’ve heard all day: Do homeowners that eat BBQ get better home loans? https://bit.ly/b1jRzN ( …

  8. Wendy

    April 2, 2010 at 1:43 pm

    RT @UCRealEstate: Do homeowners that eat BBQ get better home loans? https://ow.ly/1pPEq

  9. ReloMary

    June 30, 2010 at 3:59 pm

    Top 10 Cities for Borrowers (home loans) according to Forbes https://bit.ly/cRRli5

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