Housing Market News
Affordability
Property Taxes Have Surged Nearly 60% in Tampa and Jacksonville Since 2019, Exacerbating Florida’s Housing Affordability Crisis
Property tax bills have increased since 2019 in nearly every major U.S. metro, with Florida home to three of the five metros with the biggest
U.S. Home Prices Grew 0.5% in September, the Fastest Pace Since April
Home prices grew 0.5% month over month in September, the fastest pace since April. On a year-over-year basis, home prices rose 6%, the smallest annual
Renters Are Nearly Twice as Likely as Homeowners to Say Housing Affordability Impacts Their Pick for President: Survey
32% of surveyed renters say housing affordability is a top-three issue when it comes to deciding which presidential candidate they’ll support. That compares with 17%
Trump vs Harris: Renters Debate Who Is Better for Housing Affordability
Roughly half of surveyed renters think Kamala Harris would be the best choice to make housing more affordable, while about one-third think Donald Trump would
Buying a Starter Home Is Now Cheaper Than It Was a Year Ago
Buyers need to earn $77,000 to afford the typical U.S. starter home, down 0.4% year over year. That’s the first annual decline since 2020 thanks
Asking Rents for New Apartments Drop 6% to Lowest Level Since 2022, as Finished Buildings Soar
The asking rent for a new apartment fell to $1,746 in the second quarter, down 6.2% from a year ago. One-bedroom apartments fell the most,
In Detroit, a Family Needs to Earn $27,000 to Afford the Typical Home. In San Francisco, It’s More Than $265,000.
In San Francisco, a family needs to earn more than $265,000 to afford a median-priced home. See how other metros stack up.
Prices for the Most Affordable U.S. Homes Up 9% in June
But in San Jose and Orange County, two of the most expensive markets in the U.S., prices for the most affordable homes are falling.
One in 10 Millennial Homebuyers Say They’ll Rely on Parents for Mortgage Help, Down From 17% Last Year
In only eight months, millennial homebuyers plan to rely less on their family to afford their mortgage
Here’s How Many Affordable Homes Could Be Purchased For $238 Million–The Price of Most Expensive U.S. Home Ever Sold
A New York City penthouse broke records selling for $238M, which is equivalent to purchasing just about every single affordable house on the market in Deltona, Fl, or half of all homes on the market.
It’s Not All About Demand: Home Prices are Sky-High Where It’s Most Difficult and Most Expensive to Acquire and Develop Land
In expensive coastal metros like San Jose, the value of land accounts for more than half of the typical home’s value, far more than it does in inland areas.
Here are the Most (And Least) Affordable Metros for Getting Married and Buying a Home in the Same Year
If you’re torn between spending your wedding budget on a party or a down payment, our data compares the national average wedding cost with the median home list price and average down payments.
