Just how much money do the billionaires on Forbes’ latest list have? To put it into context, we created a list of billionaires who could afford to buy every home in certain cities. Jeff Bezos, who took the top spot on this year’s Forbes list of billionaires, couldn’t afford to buy every home in Amazon’s […]
And three southern metros—Louisville, Charlotte and Nashville—experienced the largest rise in low-income homeownership from 2012 to 2017. Minneapolis has the nation’s highest homeownership rate for low-income families. In the Minneapolis area, 57.7 percent of households with incomes in the bottom 25th percentile for the metro area were homeowners in 2017, followed by Pittsburgh (55.8%) and
Pending sales spiked 15% in the city of Seattle in January, up 8% in San Jose, Silicon Valley’s central city. The market cooldown may already be over in Seattle, San Jose and Boston. Pending sales—the count of homes that went under contract during the month—were up 4 to 15 percent in January from a year
Homebuyers Return as Pending Sales Rebound in Seattle, Silicon Valley and Boston Read More »
More than one in five homes for sale nationwide dropped its price in the last month. In Fresno it was two in five. More than any time in the past few years, 2019 is shaping up to be a good year for homebuyers. One way the market has shifted to buyers: More price drops. As
The typical home in these affordable, inland metros spends less than 30 days on market. Buffalo, New York; Grand Rapids, Michigan and Omaha, Nebraska—all areas where the typical home costs less than the national median—were home to the fastest housing markets in the country in January. Contrast that list of metros with the fastest markets
Buffalo, Grand Rapids and Omaha Are Now the Nation's Fastest Housing Markets Read More »
New-home sales fell year over year in all four major U.S. regions. Sales of new single-family homes fell 8 percent year over year in January, the fifth consecutive month of year-over-year declines in new-home sales. But the size of the drop was smaller than in December in all regions except the West, where sales fell
Sales of New Homes Down 8% in January Read More »
