tag national-homeownership-month 
Marco Santarelli
MAY 4, 2024
The National Association of Realtors (NAR) anticipates a modest rise of 1.4% Beyond the Price Tag: Affordability isn't just about the sticker price. Patience and strategic planning are key in this marathon, not a sprint, towards homeownership. in median home prices for 2024. A Silver Lining for Renters?:
Realtor.com
JANUARY 11, 2023
While it’s true that brand-new homes often come with a heftier price tag upfront, these properties can actually end up being a good—even great—deal for first-time buyers. “Simply put, total homeownership costs are more than a monthly mortgage payment alone.” New-construction homes can save you money on utilities.
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Point2Homes
NOVEMBER 22, 2020
The national average down payment is about $62,000, but 40% of Millennials expect it to be less than $10,000. And, although personal savings went through the roof in April (reaching 33.7%) one month of extraordinary budgeting may not move the needle. But Millennials are still barely managing to squeeze into homeownership land.
Point2Homes
FEBRUARY 22, 2021
In fact, the share of income needed to afford housing continues to increase and monthly mortgage payments are becoming a financial burden in more cities across the nation. Home prices are increasing faster than wages in 53 of the nation’s 100 largest cities. The majority of cost-burdened cities are on the West Coast.
Realtor.com
JANUARY 2, 2023
As a result, homebuyers who’ve heard these rumors might be passing over a smart path to homeownership that makes sense for many Americans today. While new-construction homes might technically cost more upfront, that price tag is not the whole picture. months from the ground up. New construction homes are more expensive.
Marco Santarelli
MAY 13, 2024
The American dream of homeownership has taken on a new price tag in recent years. A recent analysis of the Case-Shiller National Home Price Index by ResiClub reveals a staggering surge of 47.1% Secondly, historically low mortgage rates during the early stages of the pandemic incentivized homeownership.
Realtor.com
SEPTEMBER 14, 2020
It’s led many to wonder if homeownership is becoming something of a tale of the haves —those with good jobs, flush paychecks, and excellent credit—and the have-nots, those struggling to make ends meet. Nationally, median home list prices shot up 10.8% The answer, it turns out, is more complicated than you might think.
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