【Zillow】Notable Numbers: December 2018
【Zillow】Notable Numbers: December 2018
22%
Any uptick in a community’s rent affordability beyond 22 percent translates into more people experiencing homelessness.
32%
Communities where people spend more than 32 percent of their income on rent can expect a faster increase in homelessness.
$222,800
The median home value nationwide in November, up 7.7 percent from a year earlier.
$257,700
Median sale price for existing homes in November, up 4.2 percent from a year earlier — and the 81st straight month of year-over-year gains.
43.2%
Share of buyers who put down 20 percent when buying a home.
24.2%
Share of buyers who put down 5 percent or less when buying a home. See how much higher that share is in Atlanta and Phoenix.
5.4%
Additional share of currently for-sale homes that would be out of reach for a typical household’s budget if mortgage rates increase to 5.5 percent.