Pro Builder
DECEMBER 28, 2021
Of SmartAsset’s 50 fastest growing metropolises in the nation, six Northwestern cities finished in the top 10, according to The New York Times , though Murfreesboro, Tennessee came out on top thanks to its minuscule unemployment rate and fast-growing median household income. But the city that came out on top was Murfreesboro, Tenn.,
Pro Builder
AUGUST 11, 2022
Out-of-Towners Pushed the Average Boise Buyer Income 24% Higher During the Pandemic. The typical income of a Boise homebuyer rose 24% throughout the pandemic as locals went toe-to-toe with wealthy out-of-state newcomers for available listings. Thu, 08/11/2022 - 09:15. The typical Boise homebuyer earned $98,000 in 2021, up 24.1%
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Pro Builder
SEPTEMBER 22, 2021
SmartAsset compared all 50 states to rank the best place for homeownership based on such factors as value appreciation, home value to household income ratio, the average cost of annual insurance, property taxes, burglary rate, and five other metrics. Idaho ranked first. Nowhere in the U.S.
Pro Builder
DECEMBER 1, 2022
After posting consistent growth from 2016 to 2021, Nampa and Meridian, two Idaho metros, are the fastest growing cities in 2022, according to SmartAsset. Ranking third on the list is Murfreesboro, TN, where housing units have increased by 31.47% over the last five years and income has increased by 41.95% in the same time period.
Pro Builder
NOVEMBER 3, 2020
In the bottom 20% income percentile, a home accounts for 99% of total assets, compared to 42% for families in the top 10% income bracket. Based on the 2019 Survey of Consumer Finance data, homeownership accounts for 90% of total wealth among all families. Lucie, Florida; Las Vegas-Henderson-Paradise, Nevada; San Jose-Sunnyvale-Sta.
Pro Builder
OCTOBER 11, 2022
States like Washington, Idaho, California, and Utah, among others, saw a relatively large run-up in prices over the last two years, but as more buyers are forced to put off their home purchasing plans, affordability is making a slow but steady comeback. . The second groups are frothy housing markets like Austin, Boise, and Phoenix.
Pro Builder
JUNE 8, 2023
Housing costs continue to outpace household income, creating, in some cases, an insurmountable barrier for younger generations to achieve homeownership. That lack of affordability is especially notable in states such as Idaho, Nevada, and Arizona, which posted PAPI readings of 255.6, in April to a record high of 172.3,
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