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House prices rose by more than most people's annual income last year

By Mike Wheatley | March 30, 2022
The term "household income" was given new meaning in 2021 as a banner year for home appreciation found houses themselves earning more than the median worker in major metros across the country, according to a new study by Zillow. "More than anything, 2021 was a year of haves and have-nots, and the chasm between the […]
Featured News, US Real Estate, Zillow

Zillow: Teacher's starting salaries aren't enough to pay the rent

By Mike Wheatley | August 29, 2019
Zillow has some rather disturbing news for budding academics that could well persuade them to forge an entirely different career path. It says that "entry-level" teachers will need to spend more than half of their salaries on the typical rent in 19 of the 50 largest U.S. metro areas this school year, according to its […]
Featured News, Mortgage, US Real Estate, Zillow

Zillow highlights 36 metros where high school grads can afford a mortgage

By Mike Wheatley | July 12, 2019
Households including at least one person with a high school diploma or GED can afford the typical mortgage payment in most large metro areas across the U.S., according to a new analysis by Zillow. But soaring home values that have outpaced incomes have made down payments a barrier for many, particularly first-time home buyers. Mortgage […]
Featured News, Zillow

Study: Washington D.C. residents have the most cash leftover after paying their mortgage

By Mike Wheatley | March 7, 2019
With housing becoming more and more unaffordable in the U.S., a new Zillow analysis shows that residents in the capital, Washington D.C. have the most cash left over after paying their mortgage. Zillow’s study assumes the median annual gross income and mortgage payment for each of the 35 largest housing markets in the U.S. Its […]
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