NAR: Middle-Income Homeowners Gained More Than $120,000 Over the Past Decade From Home Appreciation
All of the top 10 areas with the largest wealth gains for low-income owners—surpassing $290,000—were located in California
All of the top 10 areas with the largest wealth gains for low-income owners—surpassing $290,000—were located in California
The Bay Area housing market has lost more value in percentage terms than anywhere else in the country
Sacramento, Oakland and Phoenix homeowners hold the most risk among pandemic hotspots
San Francisco suffered the largest monthly gains decline, while Miami, Tampa, and Charlotte reported the highest year-over-year gains
Idaho, Utah and Arizona are the states where home values increased the most relative to incomes
Per Zillow, active inventory climbed 3 percent year-over-year last month
Home values in August were still 14 percent higher than they were at the same time last year
Nearly nine out of 10 homes in San Francisco and San Jose crossed the $1 million threshold last month
© 2022 California Listings, LLC