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Homeowner Tenure and Home Price Appreciation Data

Homeowner Tenure and Home Price Appreciation Data

Homeowner Tenure and Home Price Appreciation Data

The typical U.S. home across 150 markets changes hands every 12.7 years and appreciates 6% a year.

The typical U.S. home across 150 markets changes hands every 12.7 years and appreciates 6% a year.

12.7

years

Avg. homeowner tenure across 150 (approx.) cities and metros

6.04

%

Avg. annual appreciation across 150 (approx.) cities and metros

Home Affordability and Market Size

Home Affordability and Market Size

Home Affordability and Market Size

A home is considered affordable if it meets a mortgage-to-income ratio that is 28% or less.

A home is considered affordable if it meets a mortgage-to-income ratio that is 28% or less.

1.13 Million

Num. of households that can afford a median-priced home in 11 major metros

28.77

%

Debt-to-income ratio reduced to afford median-priced home with Steadworth financing

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