A new report from Bankrate, New York, finds that typical households earning the median income are priced out of more than 75% of homes on the U.S. market.
Tag: Bankrate
Bankrate: One in Six Prospective Home Buyers Has Given Up
Bankrate, New York, reported one in six aspiring homeowners has given up on purchasing a home in the past five years because they could not find anything they liked or could afford.
Home Equity Growth Varies Across the U.S., Bankrate Reports
Certain parts of the country have seen higher home equity than others since 2020, according to a new study from Bankrate, New York.
Bankrate: Hottest Housing Markets Shifting
Bankrate, New York, found that housing markets that were very hot just a few years ago are now cooling off. Momentum has shifted toward Rust Belt and New England metros, from the pandemic-era Sun Belt popularity.
Hidden Costs of Homeownership Average $21,400 Annually, Bankrate Reports
The average hidden costs associated with homeownership for a single-family home in the United States total $21,400 annually, a new study from Bankrate found.
Nearly Half of Homeowners Have Some Regret About Purchasing Their Home
Nearly half of current homeowners–45%–report having at least one regret about the purchase of their current home, according to a new survey from Bankrate, New York.
Nearly Half of Homeowners Have Some Regret About Purchasing Their Home
Nearly half of current homeowners–45%–report having at least one regret about the purchase of their current home, according to a new survey from Bankrate, New York.
Bankrate Reports Renting Increasingly Cheaper Than Buying in Most Metros
Renting remains cheaper than buying a home in all 50 of the largest U.S. metros, with the difference between the two growing in 38 metros since last year, according to Bankrate, New York.
82% Consider Homeownership Part of the American Dream, Bankrate Finds
More than eight in 10 Americans consider homeownership to be part of the American Dream, up from 78% last year and 74% in 2023, according to Bankrate, New York.
Income Over $100,000 Needed to Afford Typical Home, Bankrate Finds
Bankrate, New York, released its 2025 Housing Affordability Study, finding that prospective homebuyers need an annual income of $116,986 to afford the typical U.S. home.