The typical homeowner spends nearly $24,000 per year on non-mortgage housing expenses, which adds up to roughly $710,580 over a 30-year mortgage, according to a new report from Clever Real Estate, St. Louis.
Tag: Clever Real Estate
How Have Home Prices Versus Income Grown Since 1980?
A new report from Best Interest Financial, St. Clair Shore, Mich., and Clever Real Estate, St. Louis, Mo., analyzed how the median U.S. home price and the median household income have each changed since 1980.
Survey Finds Buyers Pay $32,000 in Additional Costs Above Down Payment
Best Interest Financial, St. Clair Shore, Mich., and Clever Real Estate, St. Louis, Mo., released a new survey finding that in addition to their down payment, buyers spent an average of $31,502 on upfront home-buying expenses.
Survey: Two-Thirds of Recent Buyers Have Regrets
Best Interest Financial, West Bloomfield, Mich., and Clever Real Estate, St. Louis, released a new survey finding that recent home buyers have experienced stress during the process, with 66% saying they have regrets about their homebuying process.
Clever Offers: 85% of Homeowners Faced Unexpected Repair Costs Last Year
About 85% of homeowners spent money on an unplanned home repair last year, according to a new report from Clever Offers, St. Louis.
Clever Real Estate: Almost Three-Quarters of First-Time Buyers Have Regrets
Clever Real Estate, St. Louis, released a new survey finding that nearly three-quarters (or 73%) of first-time buyers have regrets about their home purchase.
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: 98% of Gen Z Sees Significant Barriers to Home Ownership
Clever Real Estate, St. Louis, released a new survey delving into Gen Z’s attitudes and expectations for home ownership, finding that 60% of the generation 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.