 |
|
 |
|
|
| |
|
|
|
|
| Cost of Homeownership Increases 3 Times the Price of Renting |
| By Suzanne De Vita |
With affordability draining quickly, the gap is growing between the amount of buyers with a desire to purchase, and the amount of buyers who actually can. According to an analysis newly released by realtor.com®, the cost of homeownership has increased more than three times the price of renting today—and, areas in growing numbers are unaffordable. From July 2017 to July of this year, the expense of homeownership (including insurance and taxes) mounted by 14 percent, to $1,647 (median, monthly); to compare, the cost of renting rose 4 percent, to $1,267. Approximately 40 percent of Americans are in a county ...
Read More > |
|
|
|
|
|
| |
RISMedia, publisher of Real Estate magazine, is dedicated to providing real estate professionals with the most up-to-date news, information and business development resources in the industry. To submit questions, comments, suggestion, press releases or story ideas, please e-mail realestatemagazinefeedback@rismedia.com
"Branding, Positioning. . . Building Relationships since 1980"
RISMedia, Inc.
69 East Ave. Norwalk, CT 06851
Copyright ® 2019 RISMedia, Inc. All Rights Reserved. |
|
| |
|
|
|
|
This email was sent by RISMedia, Inc.. You can unsubscribe at any time.
Edit your subscription |
Unsubscribe
|
|
|
.jpg)
Perhaps you recently accepted a job offer in a new city, or you just needed a change of scenery and decided now was
