Report: Homes out-earned people in metro Boston last year Going from renting to owning a home became increasingly difficult across the United States last year, a report Zillow released on March 18 has indicated. According to the report, median home price growth outpaced median salaries in 25 of 38 major metro areas in the country
Zillow adds 7 metro Boston communities to its million-dollar ‘cities’ list The number of new million-dollar cities in the United States nearly tripled from 2020 to 2021, according to Zillow. | RealEstate.Boston.com The post Zillow adds 7 metro Boston communities to its million-dollar ‘cities’ list appeared first on Boston.com Real Estate.
Metro Areas With the Largest Gains in Existing Single-Family Home Prices in Q4 ’21 What are the metro areas seeing the largest percent gain in single-family home prices? Today’s graphic from the NAR shows identifies the top 10 cities with the biggest gains. Stay safe and have a Happy Friday!!! The top 10 metro areas
It’s More Expensive to Own a Home than Rent in Most Metro Areas We have seen stories like this before; is it cheaper to rent or own your home? A recent report from the National Association of Realtors says that in 101 out of 178 metro areas (56%), it is indeed more expensive to own
Personal Income Change by County & Metro Area According to recent data from the U.S. Department of Commerce’s Bureau of Economic Analysis, in 2020 personal income increased in 3,040 counties, decreased in 69, and was unchanged in 3. In metropolitan areas, personal income increased 6.4% and on non-metro areas it increased 7.6%. The BEA says
94% of Metro Areas Saw Double-Digit Price Growth in Q2 ’21 According to the National Association of Realtors Metropolitan Median Area Prices and Affordability and Housing Affordability Index for Q2, 2021, the median sales price of single-family existing homes rose 22.9% to $ 357,900, an increase of $ 66,800 from one year ago. The median