Report: It Takes More Of Your Income To Buy Or Rent A Home In Boston Now | Latest News RSS feed

Report: It Takes More Of Your Income To Buy Or Rent A Home In Boston Now - Latest News


It makes more sense to rent than buy, but only if you live here

In more than half (59%) of housing markets nationwide — 442 of 755 U.S. counties — renting a three-bedroom property is now more affordable than buying a median-priced home, according to a new report . ... read more

Where it makes more sense to rent than buy

In more than half (59%) of housing markets nationwide — 442 of 755 U.S. counties — renting a three-bedroom property is now more affordable than buying a median-priced home, according to a new report . ... read more

Millennials aren’t killing the housing market; they’re buying more homes than other generations

"I’ve been looking for a while now," said Brian Sandvig, a first-time home buyer. The 28-year-old wants a duplex near downtown so he can live in one unit and rent out the other while also ... read more

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How Is Rental Income Taxed and What Do You Need To Know?

You use the property for more than 14 days OR 10% of the total days it was rented, whichever is greater. The IRS considers this property a personal residence, not a full rental property. So, for examp... read more


Why Buyers and Sellers Should Pay Attention to Rental Data in Their Area

More: It’s Safe to Buy Luxury ... and Boston. Daryl Fairweather, the chief economist at housing website Redfin, referenced the income approach to evaluating the cost of a home. For example, a house th... read more

The Start-to-Finish Guide to Buying a Home

With time, care, and research, you can take control of the home-buying process ... If the sum of the expenses equals more than what you're paying for housing now, then subtract your rent from the tota... read more

Everything You Need to Know About Buying Your First Home

According to industry standards, you should not spend more than 30% of your monthly income ... home buyers. Now that you’ve selected a trusted real estate agent, start looking for homes. Make a list o... read more

Graveyard shift: Historic cemeteries deal with dwindling space, more cremations

According to data from a report ... of Boston Catholic Cemetery Association, said that an area one worker might be able to mow at one of his newer cemeteries could take five or six workers than one wi... read more

How Much Rent Can I Afford?

A new report from the Joint Center for Housing Studies at Harvard University says more than half of people who live in the highest-cost metro areas put more than 30% of their income toward rent ... in ... read more

This is how long it takes to sell a house

That's how long it takes to sell a home these ... The median home price has shot up almost 9% in the past year to $561,300 in Boston, according to Zillow. Related: How much home can you afford to buy? ... read more

Report: It takes $333K annual income to buy a house in San Francisco

The Q1 report, which compiled most but not all publicly listed homes in the state from January through the end of March, found that the present median in the city for a single-family home ... median S... read more

As housing costs remain high, parents buy homes to give their kids a leg up

In San Francisco, nearly half of renters (47 are cost-burdened, meaning they must spend more than one-third of their income on housing-related expenses, according to a report released ... However, buy... read more



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