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 income they would need to buy a starter home. In 13 more of the 50 largest U.S. cities, renters earned less than half the income they would need to make the move from renters to homeowners. Renters in only 4 large U.S. cities (Detroit; Tulsa,…
Renting your first apartment is an exciting life event, but sometimes it can feel like an unachievable dream. Landlords will often want to look at your credit score before considering…
While you might think the size of a dog is the most important thing when considering what breed to get when you live in an apartment, many factors actually play…
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 the tiniest hopes at homeownership — which looked attainable when mortgage rates were still low — are currently being crushed by the harsh financial reality of the day: Keeping inflation in check is not compatible with the American dream. In retrospect, the low mortgage rates…
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…
Already getting the most attention from buyers of second homes, real estate searches in Mexico really took off in the past 12 months: The number of monthly searches for real…
If you’re looking to rent, you may be struggling to choose between apartments and condos. At first glance, they seem more or less the same. But delve a little deeper, and you’ll find many differences. Let’s take a closer look and figure out which is the best option for you. Differences Between Condos and Apartments Both apartments and condos are individual residential units within a larger building containing several other similar units. They can be…
As far as dream houses go, no two are alike: Some homeowners find old architecture irresistible, others are drawn to slick up-to-date features. While there’s no definite correlation between price…
The end of March marked the beginning of a new era in home prices: After a whopping 26.5% year-over-year jump, the median listing price landed at $405,000. Also on the…


