In Glendale, California, a homebuyer with a median household income for the area can expect to save for 15.1 grueling years, compared to counterparts in Detroit, who will save for just 2.6 years.
Source: Inman News
This is where it takes the longest amount of time to save up for a home
Published in affordability, Agent, Analysis, california, coastal cities, down payment, first-time homebuyers, homebuying, Markets & Economy, realtyhop, Select, U.S. Census American Community Survey and U.S. Census Bureau
More from affordabilityMore posts in affordability »
- Why affordability hits different in a military market
- 8M reasons to focus: A data-driven Q4 reality check for real estate
- A 7-home estate and a former talk show host’s Montecito hideaway among September’s priciest sales
- How buyer affordability education makes you the go-to agent
- 48% of Americans blame investors for ‘unreasonable’ housing costs
More from AgentMore posts in Agent »
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- Crack the code on social media: Now Streaming
- NAR scores a victory in buyer commission lawsuit
- FICO scores, magic phrases, earnings digs: Inman Top 5
More from AnalysisMore posts in Analysis »
- The inventory surge is sputtering. See how your market stacks up
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Heard of a K-shaped economy? You’re living in it now
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- New client leads, murky waters: October’s mixed bag for real estate
More from californiaMore posts in california »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- How to help senior real estate clients right-size with confidence
- Inman is celebrating 30 years of community, and you’re invited
- The inventory surge is sputtering. See how your market stacks up
- Brandi Marshall on ‘Selling the OC’ stardom, feuds and a brutal real estate market
More from coastal citiesMore posts in coastal cities »
More from down paymentMore posts in down payment »
More from first-time homebuyersMore posts in first-time homebuyers »
- Stop freaking out about 50-year mortgages. They might save the housing market
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- Share of first-time homebuyers falls to lowest point ever
- Fannie and Freddie build net worths for planned Q2 2026 public offering
- Existing-home sales gain momentum in September amid falling mortgage rates
More from homebuyingMore posts in homebuying »
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Leadershift: How brokers and team leaders can prepare for 2026
- Stop freaking out about 50-year mortgages. They might save the housing market
- What’s driving multifamily’s market resurgence?
More from realtyhopMore posts in realtyhop »
More from SelectMore posts in Select »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
- Where else is Zillow not enforcing its private listing ban?
More from U.S. Census American Community SurveyMore posts in U.S. Census American Community Survey »
More from U.S. Census BureauMore posts in U.S. Census Bureau »
Be First to Comment