Typical Retail Worker Earns $37,000 Less Than Needed to Afford Typical Apartment
The typical retail worker earns $34,000 per year, or 52% less than they would need to afford the typical apartment. Rental affordability has improved slightly
As a data journalist, Lily is passionate about helping readers understand complex facets of the housing market. She is particularly interested in the issues of climate change, race and gender equality and housing affordability. Prior to working at Redfin, Lily spent four years as a reporter at Bloomberg News in New York City.
The typical retail worker earns $34,000 per year, or 52% less than they would need to afford the typical apartment. Rental affordability has improved slightly
Rural homebuyers need to earn $75,000 to afford the typical home, up from $36,000 before the pandemic. Suburban and urban areas have also seen affordability
Home sellers outnumbered buyers by a record 36.8% in October, giving buyers who were in the market room to negotiate. The number of buyers in
Home sales and new listings were little changed from a month and a year earlier in October, and prices have also shown signs of flattening.
An analysis of domestic migration data shows high-flood-risk counties lost nearly 30,000 more residents than they gained last year, driven largely by outflows from Miami
Pending home sales jumped 17% year over year in San Francisco last month—more than any other major metro. The typical home also sold in roughly
The typical retail worker earns $34,000 per year, or 52% less than they would need to afford the typical apartment. Rental affordability has improved slightly
Rural homebuyers need to earn $75,000 to afford the typical home, up from $36,000 before the pandemic. Suburban and urban areas have also seen affordability
Home sellers outnumbered buyers by a record 36.8% in October, giving buyers who were in the market room to negotiate. The number of buyers in
Home sales and new listings were little changed from a month and a year earlier in October, and prices have also shown signs of flattening.
An analysis of domestic migration data shows high-flood-risk counties lost nearly 30,000 more residents than they gained last year, driven largely by outflows from Miami
Pending home sales jumped 17% year over year in San Francisco last month—more than any other major metro. The typical home also sold in roughly