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Tag Archives: Renting

Low-Income Homeowners Feeling Same Struggle As Renters

Some may think owning a home means having more financial stability than renting, but a recent report says low-income homeowners are just as burdened by housing costs as renters. Housing shortages have sparked increasing home prices over the last few months and a higher share of homeowners and renters are facing affordability issues— a quarter of renters spending at least half of their income on rental housing compared to the 10 percent of homeowners. The generally lower income of renters normally explains this, but at a closer look at the numbers, they found that homeownership doesn’t protect low-income homeowners.

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Homebuyers Break Even Fastest in These Cities

Zillow's Breakeven Horizon for the first quarter of 2016 was about one year and eight months, approximately three months shorter than it was at the end of 2015. See which cities homebuyers can break even on a home purchase fastest.

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