Americans have to pay 52% more to buy a home compared to renting

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The average monthly mortgage on a new home is 52% higher than the average rent on an apartment: report

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A hand holds a miniature model of a house.
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California just legalized affordable housing in church parking lots and coastal cities — and it could help solve the state's crisis

Tech Insider : Economy, Politics
A view of 1709 Broderick Street, the house depicted in the filming of the TV show,
San Francisco Mayor London Breed celebrated new laws limiting the role of environmental regulations in restricting housing development.

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3 reasons it could be the right time to buy a home, despite high interest rates

Tech Insider : Economy, Economy
A photo of a young family in front of a home with solar panels on the roof.
Buying and installing solar panels is expensive, but there are many financing options available.

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A record high 58% of American households now own stocks

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A couple discussing finances
A successful buyer’s annual median household income is approximately $96,590, according to Zillow.

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Poverty is rising faster in American suburbs as lower-income people are pushed out of big cities

Tech Insider : Economy
An aerial view of new home construction at a housing development in the Phoenix suburbs on June 9, 2023 in Queen Creek, Arizona.
An aerial view of new home construction at a housing development in the Phoenix suburbs on June 9, 2023 in Queen Creek, Arizona.

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Floridians are looking to move to these 7 states

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father and son walking up driveway in Atlanta, Georgia
Atlanta, Georgia. Georgia is most frequent search for out-of-state home shoppers in Florida.

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Locals are being priced out of Texas and Florida. Here's where they're looking for affordable homes instead.

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Austin, Texas
Austin, Texas, the state's capital.

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Rents in Oakland have fallen faster than anywhere else in the US for a simple reason: The city built more housing

Tech Insider : Economy, Politics
New apartments are constructed as seen from this drone view at the Brooklyn Basin development in Oakland, Calif., on Tuesday, August 24, 2021.
New apartments are constructed as seen from this drone view at the Brooklyn Basin development in Oakland, Calif., on Tuesday, August 24, 2021.

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Housing has never been this unaffordable - and home prices are only going to keep rising, Goldman Sachs says

Tech Insider : Economy, Economy
An above shot of houses, yards, and streets.
US house prices will carry on rising despite record-low affordability levels, according to Goldman Sachs.

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