Archive for Market News – Page 3

Homeownership in Seattle Is Super Expensive, But the City Is Far Better Off Than the Worst-Case Examples

Narrowing the gap between income and home prices matters in making good on the dream of homeownership for more families, study shows

Seattle is without doubt one of the more expensive cities in the nation in which to own a …

Young, Smart and On-the-Go: Top 10 Metros for Millennials Who Want to Relocate

The handwringing over the latest exploits, likes and dislikes of millennials has become somewhat of a national sport. Some of the observations are the result of generational rivalry rather than insights into wide-ranging trends. Still, it’s essential to recognize that—given …

Homeowners Gained $457 Billion in Home Equity in 2019

Homeowner equity continued to increase in the third quarter of 2019, according to the analysis from CoreLogic, a property information, analytics and data-enabled solutions provider.

Homeowners with a mortgage – about 64% of all homeowners – saw their equity increase …

Renters paid $4.5 trillion in rent in the last 10 years

In 2019 alone, $512 billion in rent was paid to landlords

Landlords have had a very lucrative decade.

During the 2010s, U.S. renters paid about $4.5 trillion in rent, according to Zillow. That’s more than the 2018 GDP of the …