Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
52% of the nationās #renters are cost-burdened, meaning they spend more than the recommended 30% of their income on housing. This cost burden rate has been trending up steadily since 2019, as growth in rents has outpaced growth in incomes. In total, today there are over 22 million rent burden households across the United States, a new record. #rentals
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52% of the nationās renters are cost-burdened, meaning they spend more than the recommended 30% of their income on housing. This cost burden rate has been trending up steadily since 2019, as growth in rents has outpaced growth in incomes. In total, today there are over 22 million rent-burden households across the United States, a new record.
The Local Outlook:
Broadly speaking, rent burden is geographically concentrated in two types of markets: coastal markets with sky-high rents, and sun belt markets where rents have grown rapidly over the past five years. Cost-burden rates have worsened since 2019 in 49 of the nationās 50 largest metros.
In Phoenix metro specifically, 55% of renter households spend at least 30% of their income on rent, and 26% spend more than half.
Since pre-pandemic, the local cost burden rate is up 8%.
#realestate #realestatemarket #Homeownership #phoenixarizona #arizona #Zillow #forrent #rental #rentalproperty #homesforrent
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#phoenixarizonaĀ is slightly still aĀ seller'sĀ market, which means thatĀ there are more people looking to buy than there are homes available. It will be neutral in no time. However, we have only 7 cities that are seller's markets, 5 that are balanced and 5 that are buyer's markets at this time. #RealEstate #arizona
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#Home buyers are gaining leverage in negotiations across the U.S. as competition over homes eased in October. #Zillow s market heat index shows competition nationwide remains in neutral, balanced territory, but is creeping closer to becoming a buyers #market as the shopping season winds down.Ā
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NOTICE OF TRUSTEE SALES
PRE FORECLOSURES
UP 33% in October 2024 Verus September 2024
Although less than 1% of sales, they are rising.
TOTAL:
446 in Maricopa County
#maricopa #phoenixarizona #foreclosure #housing
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* If youāre torn between renting or buying, donāt forget to factor in the wealth-building power of homeownership.
* Unlike renters, homeowners gain equity as they pay their mortgage and as home values rise. Thatās why, on average, a homeownerās net worth is nearly 40x higher than a renterās.Ā
* Connect with us at 480-788-4118 Awni and Chantell, if you want to learn more about the financial benefits of homeownership or the programs that can help make buying possibleš”š
#Homeownership #realestate #housing #phoenixarizona #phoenixaz #arizona #phoenixhomesforsale #homeprices #home #loan #homeloantips #renting #rental
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Buyers have more information than theyāve ever had about pricing and previous sales, and they want to know that what theyāre getting is worth it for the price. Thatās why sellers need to price fairly in this market.
Sellers are asking buyers to pay $500,000 for a home they bought in 2020 for $350,000 and didnāt put any work into, and buyers are saying NO.
#RealEstate #housing #homeprices
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VA home loans are designed to make homeownership a reality for those who have served our country. These loans come with the following benefits according to the Department of Veterans Affairs. #veterans #valoan
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To all the #veterans who have stood up to defend our country, we extend our deepest gratitude. Your bravery and sacrifice ensure the freedoms we enjoy today. On this Veterans Day, we honor your service and remember those who have given so much. Thank you for your dedication, today and always.
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Welcome to the Official YouTube Channel - Where we share Strategies, Real Estate Investing Advice, Insider News & Current Housing Market Updates š
On this channel, we discuss all things real estate! Serving the Valley for over 18+ years, we help people sell, buy, and invest in real estate. We share real estate investing advice, insider news, and exclusive Phoenix, Arizona real estate market updates.
ā”ļø Our combined professional knowledge of the real estate sector will give you insight into the housing market, employment, interest rates, buying or renting, and much more!
Real estate shouldn't be confusing. That's why we're here to help demystify any aspect of this topic for you to make informed decisions. Stay tuned for new and detailed videos on the housing market coming your way and subscribe to our channel for more! Hit the BELL icon to turn "ON" your notifications for new videos. š