Rent Prices Have Dropped in These 9 Formerly Hot Markets
It s not just home prices that have been affected significantly by the COVID-19 pandemic.
Photo by Monkey Business Images / Shutterstock.com
You may have heard or seen firsthand how fast home prices have risen. In January, home value appreciation was 9.1% higher than one year prior, the largest annual increase since 2006, according to new data from Zillow.
Perhaps less known is this: The cost of renting is affected, too. But unlike with home prices rising across most of the country rents are up in some cities and down in others.
Overall, the cost of renting was relatively stagnant in the United States last year, say Zillow economists. The company, a real estate website, tracks and analyzes home prices and rents. The typical rent this January, $1,721, was up just $9, or 0.5%, from January 2020.
15 Cities Where Women Outearn Their Husbands
Here s where women are most likely to be their household s breadwinner.
This story originally appeared on Self.
While still the minority among married-couple households, wives who outearn their husbands have become much more commonplace. According to data from the U.S. Bureau of Labor Statistics, wives are the breadwinners in 29 percent of dual-income married couples.
While wives are much more likely to outearn their husbands today than they were several decades ago, the share of female breadwinners varies on a geographic basis due to cultural and demographic differences. At the regional level, female breadwinners tend to be more common in the Northeast, where education levels are highest. Vermont and New York are home to the largest share of wives who outearn their husbands, at 36.2 and 32.9 percent, respectively. Utah and Idaho have the lowest percentages of wives who earn more than their husbands, at just 22.4 and 24.7 percent, resp
Small business is often held up as a key driver of the U.S. economy, and for good reason. But with fewer financial resources than larger firms, small businesses are especially
The U.S. reported over 64,000 new cases of coronavirus on Feb. 17, bringing the total count to more than 27,400,000 confirmed cases of COVID-19. There have been more than 470,000 COVID-19-related deaths the highest death toll of any country. New cases continue to rise, albeit at a slowing rate. In the past week, there […]
Intense Demand and Low Mortgage Rates Drive Home Values to Record Highs
Home values continue to rise at a historic monthly pace, growing 1.1% from December to January
- Zillow economists predict 7 million home sales this year, nearly 25% more than in 2020
- Phoenix is booming, recording the highest annual growth in both home values (17.1%) and typical rent (8.4%) among the nation s largest metros
- Home values rose 9.1% from a year ago, the fastest pace of annual appreciation since 2006
News provided by
Share this article
Share this article
SEATTLE, Feb. 19, 2021 /PRNewswire/ Extreme demand driven by exceptionally low mortgage rates, demographic pressures and pandemic trends kept the housing market boiling as we moved into 2021, according to