The typical Broward County homeowner spent 6.8 years in their home before selling in 2022, which was a comeback to 2019, pre-pandemic figures. After a brief period of time in…
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When buying a home, no one thinks about how soon they’ll sell it. But, judging by how long the typical Miami homeowner held onto their property, that time comes much…
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Key Highlights: Despite a drop in 2020, homeowner tenure in Buffalo actually went up compared to 2019: Previously, owners spent 5.6 years in a home before selling, but, in 2022…
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Key Highlights: The median homeowner tenure in New York City was 8.1 years in 2022, up one year compared to 2019. This means that owners who sold their homes in…
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U.S. Real EstateResearch
A Tale of 2 Markets: Amid Price Drops, Condos Hold Up Better Than Single Family Homes
Compared to their spring price peak, condo prices only contracted by 4.4%. However, single family home prices decreased by 8.6% nationally. Condo prices decreased in 65 of the 100 largest…
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U.S. Real EstateResearch
Affordability Crisis Update: Current Homebuyers Lost More Than Just Buying Power
Aggressive rate hikes (after the latest increase, the average mortgage rate hovers around 7%), coupled with sky-high home prices mean buyers are bleeding money. But, aside from losing purchasing power,…
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The most expensive zip codes are almost always synonymous with the most desirable zip codes. These are areas of wealth and luxury where a sprawling living space is a given…
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With inflation and the Fed’s rate hikes affecting both rents and mortgage affordability, it seems as though there’s no end in sight for home seekers’ trials and tribulations. Now, even…
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2022’s Hottest Destinations: Top 30 Most Desirable Home Buying Locations in the Americas
Searches for real estate-related keywords for Mexico exploded in the last 12 months, recording an impressive 60% year-over-year jump. This increase in interest solidifies Mexico’s reputation as the most popular…
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Demographics are data and statistics that help paint a picture of a certain population and its characteristics. More precisely, factors such as a population’s age, employment level, income and education…
Key Highlights: California’s 30 largest cities posted significant differences in homeowner tenure in 2022: Salinas residents spent 9.3 years in their home before selling it, while owners in Elk Grove…
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Starter Homes & Where to Find Them: The Once-Ubiquitous Entry-Level House Is Becoming the Stuff of Myths
Based on the latest renter income figures, starter home prices and mortgage rates, in October, renters in Los Angeles and New York only earned 30% and 34%, respectively, of the…