Clever Real Estate, St. Louis, released a new study, finding that homebuyers are spending an average of $31,975 on expenses in addition to their down payment and closing costs.
Tag: Clever Real Estate
Clever Real Estate: Homeowners Spending Significantly on Renovations
Clever Real Estate, St. Louis, recently conducted a survey on home renovation trends, finding 63% of homeowners would prefer to remodel their existing home than move to one that has already been renovated.
Clever Real Estate: Renting More Affordable Than Buying in Almost All Major Cities
Clever Real Estate, St. Louis, found that on a monthly basis, rent costs are cheaper than homebuyers’ payments in 96% of major U.S. cities.
Clever Real Estate: 98% of Gen Z Sees Significant Barriers to Home Ownership
Clever Real Estate, St. Louis, found that 60% of Gen Z worries they will never own a home.
Clever Real Estate: 43% of New Homeowners Struggle With Payments
Clever Real Estate, St. Louis, released a new survey, with the findings that 43% of new homeowners report struggling to make on-time mortgage payments.
Homeowners Average Almost $18,000 Per Year on Non-Mortgage Expenses
The average homeowner spends $17,958 on non-mortgage expenses, a recent study found, listing categories such as maintenance, improvements, utilities, property taxes and insurance.
95% of Millennials Report Facing Barriers to Homeownership, Survey Finds
While 78% of millennials say purchasing a home is part of the American dream, 48% don’t think homeownership is affordable for the average member of their generational cohort.
Home Bay: Climate Change Poses ‘Serious Threat’ to U.S. Real Estate
Home prices in areas most affected by climate change are increasing faster than the national median, reported Home Bay, St. Louis, Mo.
Most Americans Falling Behind on Retirement Planning
A report from Clever Real Estate, St. Louis, shows the majority of Americans are not saving enough money for their retirement—and retirees are living beyond their means.
Housing Market Roundup Nov. 16, 2020
Redfin, Seattle, said popular second-home destinations including the Jersey Shore, Cape Cod, Lake Tahoe, Palm Springs and Bend, Ore., are heating up and becoming full-time residences for homebuyers who have the luxury of working remotely.