RealtyHop Blog
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Explore Real Estate Market Trends, Property Investments & More. RealtyHop helps you find your next perfect home from millions of listings across the country. We believe that buyers should have every piece of information at their fingertips when purchasing a home. At RealtyHop, we provide real-time data paired with a powerful search platform of millions of properties across the US.
RealtyHop Blog
4d ago
Earth Month is a time to evaluate our existing relationship with the planet and raise awareness to improve policies and sustain our natural resources. While homeowners have to balance their list of must-haves with high housing costs and low inventory, they may not consider their dream area’s sustainability. Greener cities can improve the quality of life for residents, making their day-to-day more enjoyable and decreasing risks of long-term health conditions.
In honor of Earth Month, we’ve compiled a list of the Top 100 Greenest Cities in America and evaluated each city based on its sustainabi ..read more
RealtyHop Blog
4d ago
In this April edition of the RealtyHop Housing Affordability Index, we examine what American households across the 100 largest cities need to spend on housing to find out:
Is homeownership affordable or possible for the average American family?
Despite multiple signals that the Fed would cut rates soon, mortgage rates stay above 6.5% as the job market and inflation continue to defy expectations. Though housing inventory has increased with spring underway, affordability remains an issue in most markets This month, the median list price increased in 86 of our 100 surveyed cities, further burd ..read more
RealtyHop Blog
1w ago
In this April edition of the RealtyHop Housing Affordability Index, we examine what American households across the 100 largest cities need to spend on housing to find out:
Is homeownership affordable or possible for the average American family?
Despite multiple signals that the Fed would cut rates soon, mortgage rates stay above 6.5% as the job market and inflation continue to defy expectations. Though housing inventory has increased with spring underway, affordability remains an issue in most markets This month, the median list price increased in 86 of our 100 surveyed cities, further burd ..read more
RealtyHop Blog
3w ago
New York City hosts the country’s fourth least affordable housing market, forcing buyers to carefully asses their budget and search criteria during the buying process. Buyers looking for larger apartments with multiple bedrooms can still find appealing options. The following units under $975,000 include private outdoor space, impressive primary suites, and access to building amenities.
400 E 56th Street #11G Manhattan, NY
PRICE
$975,000
BED
2
BATH
2
TYPE
Co-op
NEIGHBORHOOD
Midtown East
BOROUGH
Manhattan
Midtown East buyers will appreciate this spacious two-bedroom, two-bathroom unit ..read more
RealtyHop Blog
3w ago
As home prices continue to rise, young people have felt the American dream of homeownership quickly slipping away. However, as millennials and Gen Zers voiced their frustrations, the previous generation pushed back, arguing that buying a home years ago was just as expensive. This exchange has sparked a generational clash, igniting tensions and passionate discussions between both sides.
In our Generational Wealth Gap series, we answer whether housing is more expensive for younger people today. This is the last report of our three-part series, which focuses on housing affordability in 1970 vs. 2 ..read more
RealtyHop Blog
1M ago
As housing prices have skyrocketed across the country, young Americans have felt the dream of homeownership quickly slipping away. However, as Millennials and Gen Zers voiced their frustrations, their parents and grandparents fired back, suggesting that buying a home years ago was just as expensive. This exchange has sparked a generational clash, igniting tensions and passionate discussions between both sides.
Our February study covers the generational wealth gap by state. It shows that housing across America is far less affordable now than when previous generations purchased their first homes ..read more
RealtyHop Blog
1M ago
National Association of Realtors Settlement: Outcomes for Buyers and Sellers
On March 15th, 2024, The National Association of REALTORS® (NAR), representing over 1.5 million real estate professionals, announced a settlement to resolve complaints from a collection of home sellers who claimed that current NAR rules inflated the cost of real estate agent commissions.
Per the agreement, NAR will pay $418 million in damages over four years and amend commission rules. The agreement also releases over one million NAR members and industry stakeholders from liability, ceasing further litigation from hom ..read more
RealtyHop Blog
1M ago
New York City hosts the country’s fourth least affordable housing market, forcing buyers to carefully asses their budget and search criteria during the buying process. Buyers can still find appealing options below the median list price. The following units under $725,000 include in-unit laundry, private outdoor space, and access to building amenities like fitness centers.
140 W End Avenue #7A Manhattan, NY
PRICE
$650,000
BED
Studio
BATH
1
TYPE
Co-op
NEIGHBORHOOD
Upper West Side
BOROUGH
Manhattan
This spacious studio on the Upper West Side boasts a set of sliding doors that reveal a s ..read more
RealtyHop Blog
2M ago
The tech industry boasts impressive salaries and comfortable working conditions for its employees. However, women in this high-paying sector still earn less than men, generating lower salaries in most cities nationwide. Even in the highest-earning areas, women still cannot generate a substantial enough income to afford a median-priced home on their own, based on the 30% budgeting guideline.
To help ease the burden of deciding where to work, RealtyHop researched the 100 best cities for women in tech and ranked them based on their income-generating potential, housing markets, opportunities for w ..read more
RealtyHop Blog
2M ago
As housing prices have skyrocketed across the country, young Americans have felt the dream of homeownership quickly slipping away. But as Millenials and Gen Zers have voiced their frustrations, older Americans have fired back, suggesting that buying a home years ago was just as expensive. This exchange has sparked a generational clash, igniting tensions and passionate discussions between both sides.
To settle the debate, we decided to delve into the data to figure out whether housing is actually more expensive for younger Americans today. To do this, we pulled statistics from the most recent 2 ..read more