The financial gap between owing and renting has grown significantly, making the dream of homeownership more distant, according to report released by Redfin Thursday.
Source: Inman News
Buying vs. renting: The income gap is widening, Redfin says
More from 30-year fixed mortgage ratesMore posts in 30-year fixed mortgage rates »
- Government shutdown nails housing programs in Week 2
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
- Down payments set shrinking course for 1st time in 2 years
- Build-to-rent homes hit record high in 2024 with no signs of slowing
- Most Gen Z sellers have regrets over pandemic home purchases
More from austinMore posts in austin »
- 5 ways real estate agents can attract, and keep, buyer clients
- Companies must ‘get big in order to compete’ with Compass-Anywhere
- Why multifamily occupancy and rent growth rise or fall
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- How a Green Beret turned an agent’s advice into a $600M empire
More from build-to-rentMore posts in build-to-rent »
More from buying vs rentingMore posts in buying vs renting »
More from cincinnatiMore posts in cincinnati »
- Why is Midwest real estate beating the rest of the country?
- Backers of rival mortgage credit scores wage public relations war
- MLS hacked? Solid Earth’s Passkey authentication aims to lock it down
- Compass’ antitrust gamble could shatter Zillow’s empire
- 7 metros where you can snag a luxury home for less than $1M
More from clevelandMore posts in cleveland »
- Veterans have been ‘priced out,’ left behind by the housing market
- How this agent went viral by falling in love with the home in his TikTok video tour
- Sellers outnumber buyers by 36% — but that figure is starting to shrink
- The hottest ZIP codes of 2025: What real estate agents need to know
- Century 21 CEO: Recruiting ‘is so ultra competitive right now’
More from cost of rentMore posts in cost of rent »
- What’s the rent? A whole month’s pay, 1 in 5 renters tell Redfin
- Rent remains near record highs, but the balance of power is shifting
- 4 more US senators call for DOJ probe of RealPage over rent hikes
- Minimum wage workers need at least 4 jobs to pay rent in some cities
- In reversal from 2021, it costs more to buy than rent in 95% of US
More from cost of rentingMore posts in cost of renting »
More from detroitMore posts in detroit »
- Veterans have been ‘priced out,’ left behind by the housing market
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- This team does $50M a month. Here’s how they convert leads
- Trump tariff policy has soured Canadian interest in US properties
- Why is Midwest real estate beating the rest of the country?
More from elevated mortgage ratesMore posts in elevated mortgage rates »
- America’s homeowner population declines for the 1st time since 2016
- Inventory’s up, but buyers aren’t biting as June sales slide again
- Despite market shift toward buyers, they’re still backing away
- Pending home sales tank 6.3% in April as mortgage rates stay high
- Concessions surge as homesellers offer sweeter deals in sour markets
More from Elijah de la CampaMore posts in Elijah de la Campa »
- Homes are sitting longer and not just because of mortgage rates
- Renting becomes sign of wealth as many opt against homebuying
- Low-risk homes appreciate as climate concerns shift the market
- US housing turnover rate hits 30-year low as lock-in effect lingers
- Low-income buyers’ mortgage applications drop to 2018 levels
More from home pricesMore posts in home prices »
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- ‘Signs of deceleration’ bedevil US home prices
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- Mortgage rates just hit a new 2025 low. They might be stuck there.
- Discounts, lower mortgage rates give homebuyers deals this fall
More from homebuyingMore posts in homebuying »
More from homeownershipMore posts in homeownership »
- Veterans have been ‘priced out,’ left behind by the housing market
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
- The biggest mistake most real estate agents make after closing
- Share of first-time homebuyers falls to lowest point ever
- 10 old school marketing strategies that still work in this tough market
More from household incomeMore posts in household income »
More from incomeMore posts in income »
- Buyers need $7,200 more than in 2022 to afford ‘starter’ homes
- Want to buy a home? You’ll need to earn at least 6 figures
- Making $67K? That’s no longer enough to buy the typical US home
- Home prices may be ‘unhinged’ from fundamentals, Fed analysts say
- Home affordability erodes at fastest annual pace since 2004
More from income gapMore posts in income gap »
More from inmanMore posts in inman »
- Should real estate agents have tattoos? The pros weigh in
- ‘Real estate is the sacrificial lamb of high interest rates’: Jason Oppenheim rants on the Fed
- Despite unease, Compass poised to retain most Anywhere agents
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- Price cuts and concessions: Here’s how to prepare homeowners for the reality of selling a home today
More from Markets & EconomyMore posts in Markets & Economy »
- Veterans have been ‘priced out,’ left behind by the housing market
- Why affordability hits different in a military market
- ‘Real estate is the sacrificial lamb of high interest rates’: Jason Oppenheim rants on the Fed
- Real estate has become lawsuit-happy, and it’s killing our credibility
- Finish 2025 strong by checking these 10 to-dos off your list
More from mortgage ratesMore posts in mortgage rates »
- Veterans have been ‘priced out,’ left behind by the housing market
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Demand for mortgages cools as rates rebound from 2025 low
- 10 compelling reasons that your buyers should purchase now
More from News BriefMore posts in News Brief »
- Zillow hit with new class-action suit over alleged broker kickbacks
- Real partners with MAXA Designs on agent marketing platform
- Zillow says CoStar uses litigation ‘playbook’ to ‘attack’ competitors
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Reffkin calls Christie’s deal the ‘blueprint’ for Anywhere
More from pittsburghMore posts in pittsburgh »
- Veterans have been ‘priced out,’ left behind by the housing market
- Howard Hanna launches first rebrand in more than 40 years
- Low-fee brokers can offer quality, full service for less: Watchdog
- 7 metros where you can snag a luxury home for less than $1M
- The market is short 416K homes for middle-class homebuyers: NAR
More from RedfinMore posts in Redfin »
- Veterans have been ‘priced out,’ left behind by the housing market
- Zillow hit with new class-action suit over alleged broker kickbacks
- Recession? Membership? Blessings? Inman Top 5
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Zillow says CoStar uses litigation ‘playbook’ to ‘attack’ competitors
More from redfin senior economistMore posts in redfin senior economist »
More from rentingMore posts in renting »
- Gen Z is changing the rules of renting. Are you ready?
- Help baby boomers move into the future with a rental bridge option
- Instant gratification is destroying your business. Here’s how to avoid the distraction trap
- Hive MLS hires RentSpree to assist members
- Buy now; hesitation creates opportunity, Barbara Corcoran says
More from san diegoMore posts in san diego »
- The anti-lawsuit way of presenting your fee: Now Streaming
- Tech Review: Guest House shrinks time-to-market with listing prep
- Free criminal background checks, smart lead generation and game-changing technology
- 5 types of social posts that are filling agents’ pipelines right now (with examples to copy)
- The path for Compass-Anywhere: Take the Intel Index survey today
More from san franciscoMore posts in san francisco »
- 15% of homebuyers ‘ghosted’ homesellers in September
- Zillow released its price forecast for hundreds of US markets. What will happen near you?
- Anywhere: The rise and fall of an industry giant
- Pacaso plans to launch ‘bespoke’ co-ownership mortgage in Q4
- Buyer’s market now in doubt as new listings tank 7.3%
More from san joseMore posts in san jose »
More from San Jose rentsMore posts in San Jose rents »
More from seattleMore posts in seattle »
- Heard of a K-shaped economy? You’re living in it now
- What the World Series can teach agents about consistency, coaching and closing
- 5 hot real estate technology trends
- How a Disney-inspired listing video turned heads (on a $0 budget)
- CoStar CEO Andy Florance says in earnings call Zillow is ‘under siege’
More from SelectMore posts in Select »
- Should real estate agents have tattoos? The pros weigh in
- Veterans have been ‘priced out,’ left behind by the housing market
- Why affordability hits different in a military market
- 7 lessons the Marines taught this CEO about running a brokerage
- NAR’s Kevin Sears: We need to ‘show everybody that we as Realtors are pro-consumer’
Be First to Comment