Low Wages and High Prices Bring Housing Stagnation

The low-income and young struggle to enter the housing market. There isn’t any surprise in that. It has always been a challenge for first time buyers and will remain a fact going forward. This is clearly reflected when homeownership

Most renters can now buy a home without increasing their monthly costs

Rents are now so high in some parts of the U.S. that it’s now possible to buy a home without increasing your monthly costs, according to Zillow. The online listings portal says renters can now purchase a home nearly 50 percent more expensive than the median valued home, and keep the same monthly housing budget. […]

Cost Of Home Ownership Spikes Dramatically

A new analysis by RealtyTrac finds that the estimated monthly house payment for a median-priced three-bedroom home purchased at the end of 2013 was 21 percent higher than it was at the end of 2012 in more than 300 U.S. counties.

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