The typical household needs seven years to save for the average down payment, according to a new data report from Realtor.com. This is down from the peak of 16 years recorded in April 2022, although it remains well above the pre-pandemic level. In many expensive...
Presidential promises of a stronger housing market, dead Colorado residents getting HUD benefits, and Jeremy Allen White’s real estate obsession. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 15-19. Miss: Give Us...
The median asking rent for 0–2 bedroom units fell for the 28th consecutive month on a year-over-year basis during November, according to the Realtor.com November Rental Report. The national median is now at $1,693, down $17 (or 1.0%) from last November. However, it is...
The typical mortgage holder pays roughly $1,300 in principal and interest per month, according to a new data report from Realtor.com. However, to purchase a typical home in today’s market, these homeowners would need to make a monthly payment of nearly $2,236,...
Gov. Ron DeSantis’ advocacy for eliminating property taxes on Florida homeowners would wreak havoc on the state’s housing market, according to a data analysis by Realtor.com. DeSantis has repeatedly urged the state legislature to end property taxes, arguing they were...