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Where millennials are buying homes, 2019 edition

Posted by   /  January 31, 2019  /  Real Estate  /  No Comments

  Builder SmartAsset is out with its 2019 look at where millennials are buying homes. Here’s what it found: In order to rank the places where millennials are buying homes, we examined data on two factors. We looked at the current rate of millennial homeownership and also compared the change in the millennial homeownership rate […]

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Where are millennials moving – 2018 edition

Posted by   /  June 6, 2018  /  Real Estate  /  No Comments

Builder Where are millennials headed, at least in terms of places they are moving to. For the second year running, SmartAsset set about finding out. Here’s what it found: SmartAsset used Census Bureau data to find out where are millennials moving. To track millennials’ mobility, we looked at immigration and emigration data from the U.S. […]

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Is it better to rent or buy?

Posted by   /  March 12, 2018  /  Real Estate  /  No Comments

Builder SmartAsset has now set up an interactive map that shows where buying a home, or renting, makes the most sense. For a long time, the common wisdom was that buying a home was a far better financial choice than renting one. Throughout the second half of the 20th century, and into the first years of […]

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Salary needed to buy a home in 15 large metros

Posted by   /  March 2, 2018  /  Real Estate  /  No Comments

California cities occupy four of the five top spots with the highest salary needed to afford home payments. Builder As record-low inventory causes home prices to rise nationwide, higher salaries are required to afford monthly home payments. Using its mortgage calculator, SmartAsset crunched the numbers and found that residents in three big cities would need to […]

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Hours of work needed to pay rent in the 25 largest cities

Posted by   /  February 8, 2018  /  Real Estate  /  No Comments

Builder SmartAsset set out to find where rent consumes the most of the average paycheck, and, you guessed it, Taxafornia (California) came out on top. In order to find the cities where rent takes the most hours of work, we looked at data on three metrics. We looked at data on average hours worked per […]

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