"Understanding all the costs that come with homeownership can not only impact a buyer's budget, but the type of home they shop for, too," said Zillow home trends expert Amanda Pendleton.
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How Much Do Homeowners Spend On Home Costs?
The average homeowner spent more than a quarter of their annual income on their mortgage, taxes, and insurance.
Read More »Why Homeowners Aren’t Moving and Renters Aren’t Buying
Mobility among homeowners and renters is at an all-time low, according to Fannie Mae’s National Housing Survey. Are their concerns with moving exacerbating the shortage of housing supply?
Read More »New Couch Syndrome: The Real Deal
First-time homebuyers spend their money differently than experienced homebuyers after they move, according to a new study conducted by the National Association of Home Builders (NAHB). Using data ...
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