Category: Real Estate Market Statistics

Cost of Home Ownership vs. Renting

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According to a new Nerd Wallet report, homeowners in all fifty states pay from 33% to 93% more for housing each month than renters living in the same state.  Nationwide, the monthly median cost of homeownership is 54% more than the median cost to rent.  In Oregon, the cost of homeownership is 63%  higher than … Continued

Starter Homes in Short Supply

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“America is experiencing a housing shortage. Not only are there fewer homes available to buyers of all income levels, those just starting out or making their first foray into home ownership are worse off than they’ve been in years. There are fewer homes available, and even if they can find a home, it’s likely to … Continued