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Home Value Appreciation Outpaced Median Salaries Across 25 Metros in 2021

Pro Builder

Home Value Appreciation Outpaced Median Salaries Across 25 Metros in 2021. Home prices rose faster than median incomes in the majority of metro areas tracked by Zillow in 2021. metros tracked by Zillow in 2021, compared to just five metro areas where home value appreciation outpaced median income in 2020, CNBC reports.

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Atlanta, San Antonio, Phoenix Lead In Economic Growth Potential

Business Facilities

Atlanta , San Antonio and Phoenix are the top-ranked large metros for Economic Growth Potential in Business Facilities’ 15th Annual Rankings Report. “It It all seems to be coming together for Metro Atlanta,” said BF Editor in Chief Jack Rogers. Metro Atlanta is home to 16 Fortune 500 companies.

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Business Facilities’ 2019 Metro Rankings Report

Business Facilities

15th Annual Rankings: 2019 Metro Rankings Report. W e’ve subdivided our metro Economic Growth Potential ranking into small, medium and large categories this year. Atlanta, GA; San Antonio, TX and Phoenix, AZ are the top-ranked large metros in this flagship category, respectively. From the July/August 2019 Issue.

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Is Your Local Housing Market Headed Toward a Home Price Correction?

Pro Builder

As mortgage rates creep beyond 7%, prospective buyers are being priced out of home purchases in some of the nation’s most popular metros, but experts say slowing home sales could actually help sidelined buyers as home price growth follows closely behind. metros in the months ahead, Fortune reports. . Housing Markets. New-Home Sales.

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Inflation Is Rising the Fastest in Sun Belt Cities—Here’s Why

Pro Builder

Homebuyers who flocked to Sun Belt metros sent prices soaring throughout the pandemic, and rapid inflation is only exacerbating an existing affordability crisis. Sun Belt cities like Phoenix, Atlanta, Miami, and Tampa have experienced price increases above 10 percent this year, soaring well beyond the national rate of 8.5

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Homeownership Wealth Gains for Second Quarter of 2020

Pro Builder

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. Nine of the top 10 metro areas with the largest housing wealth gains over a 10-year period were on the West Coast: San Jose-Sunnyvale-Sta. Clara; San Francisco-Oakland-Hayward; Anaheim-Sta.

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Single-Family Rental Prices Jump at the End of 2021

Pro Builder

The John Burns Real Estate Consulting Single-Family Rent Index (BSFRI) shows double-digit rent growth in metro areas like Phoenix, Las Vegas, Charlotte, and Atlanta. Virtually no change in the ratio of tenant/applicant incomes, which indicate strong wage growth. Record-high 18% same-home new lease rent growth.