Housing Market News
Affordability
Which Billionaire Could Buy Your City?
Bill Gates Could Buy All 114,212 Homes in Boston, but Couldn’t Afford Seattle; the Walton Family of Wal-Mart Could Buy All of Seattle, Dallas, Miami, Las Vegas or Washington, D.C. Just how rich is Bill Gates? According to Forbes, he’s the world’s richest person and is worth $77.5 billion. But that kind of wealth is
Two Middle-Class Incomes Don’t Add Up To a Home
A family with two middle-class incomes can’t afford a median-priced home in most of the largest U.S. cities, according to a Redfin analysis of affordability based on list prices and median incomes. Home prices, which have seen two straight years of 13 percent increases, are rising again.
83 Percent of California Homes Unaffordable on a Teacher’s Salary
No Homes in San Francisco within Reach for Teachers UPDATE: A refreshed version of this report, including an updated methodology, the most current salary and property information as well as historical analysis is now available to view here. Teachers help form the foundation for strong, local communities, yet just 17 percent of homes for
Affording a House in a Highly Ranked School Zone? It’s Elementary
What Went into this Report Redfin took a look at homes on Multiple Listing Services (MLS), databases used by real estate brokers, that sold between May 1 and July 31, 2013 to calculate median sale price and price per square foot of homes within school zones. School zone boundaries were provided by Maponics. School data
Baby, You’re Expensive!
The average cost of a baby’s first year in the U.S. is about $26,000 if you upgrade your home, use daycare, have insurance and buy the things parents buy.
Which Billionaire Could Buy Your City?
Bill Gates Could Buy All 114,212 Homes in Boston, but Couldn’t Afford Seattle; the Walton Family of Wal-Mart Could Buy All of Seattle, Dallas, Miami, Las Vegas or Washington, D.C. Just how rich is Bill Gates? According to Forbes, he’s the world’s richest person and is worth $77.5 billion. But that kind of wealth is
Two Middle-Class Incomes Don’t Add Up To a Home
A family with two middle-class incomes can’t afford a median-priced home in most of the largest U.S. cities, according to a Redfin analysis of affordability based on list prices and median incomes. Home prices, which have seen two straight years of 13 percent increases, are rising again.
83 Percent of California Homes Unaffordable on a Teacher’s Salary
No Homes in San Francisco within Reach for Teachers UPDATE: A refreshed version of this report, including an updated methodology, the most current salary and property information as well as historical analysis is now available to view here. Teachers help form the foundation for strong, local communities, yet just 17 percent of homes for
Affording a House in a Highly Ranked School Zone? It’s Elementary
What Went into this Report Redfin took a look at homes on Multiple Listing Services (MLS), databases used by real estate brokers, that sold between May 1 and July 31, 2013 to calculate median sale price and price per square foot of homes within school zones. School zone boundaries were provided by Maponics. School data
Baby, You’re Expensive!
The average cost of a baby’s first year in the U.S. is about $26,000 if you upgrade your home, use daycare, have insurance and buy the things parents buy.
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