Vacant homes cost cities millions in reduced tax revenues and property values



The number of vacant buildings in some American cities has reached “epidemic levels”, according to a new study by the Lincoln Institute of Land Policy.

Facebook could relocate away from Silicon Valley due to high housing costs



A senior Facebook executive has hinted at the possibility of the social media giant relocating its headquarters away from Silicon Valley due to the expensive cost of housing in the area.

Sellers spend an average of $18,000 to sell their homes



Selling a home in the U.S. costs an average of $18.342 according to a new study on the hidden costs of selling carried about by Zillow and Thumbtack.

Rural residents can’t afford to move to the city, study finds



Rural Americans are increasingly staying put. The finding was the highlight of a University of Chicago study that found the overall mobility of the U.S. population has fallen to its lowest level, and by almost half since its peak in 1985.

Zillow report highlights hidden costs of selling a home



Nationally, U.S. homeowners spend $15,190 on average in extra or hidden costs associated with selling their home, according to a new analysis

Spiraling rental costs show signs of slowing down



Rental price increases are showing signs of slowing down in some of the country’s most expensive markets.

‘Moving up’ to a bigger home costs borrowers an extra $447 a month



Nationally, families can expect to spend $447 extra a month moving to a three-bedroom home from one with two bedrooms, according to Zillow’s Cost of Moving Up Analysis

Ideas for cutting down on your car expenses



You’ll want to be doubly diligent about getting the most out of your miles. A little savings here and there can make a big difference throughout the year.

City living costs $9k a year more than the suburbs



Nationally, families spend an average of $9,073 more per year to cover basic housing and child care costs in the city than in the suburbs

Down payments are major concern for homebuyers, Zillow study finds



It costs more than two thirds of the average annual income to cobble together a 20 percent down payment on a home, which is why many potential homebuyers say saving for a down payment is one of their top concerns.

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