US Households Require an Annual Income of $115k for a Median-priced Home
In Florida, median income varies across nine metros, ranging from $88.7K in Lakeland (up 13.4% YoY) to $143K in Miami (up 33.4% YoY). According to a report by Redfin, the median-priced U.S. home now requires an average household income of $114,627 to afford it. This is a 15% increase of $15,285 compared to the previous […]
Florida Surpasses New York in Average Home Values
According to a study, Florida has surpassed New York to become the second state with the highest housing values, following California. South Florida and Tampa were ranked in the “Top 20 Most Valuable Metros” list. The U.S. housing market grew by over $2.6 trillion in the past year due to rising home prices and new […]
