Rent Gains Slow: 60% of Single-Family Renters Plan to Buy Within 5 Years Sixty percent of single-family renters and 44 percent of apartment renters say they plan to become home owners within the next five years
Since 2006; Home values in January posted their biggest annual increase since July 2006, beating national gains in rent, according to a recent report from Zillow.
The Zillow Home Value Index rose for the 15th straight month to $158,100 in January 2013. According to Zillow, national home values have not been that high since June 2004. The improvement represents a 6.2 percent year-over-year gain and a 0.7 percent increase from December 2012.
The winter season, however, slowed gains for the Zillow Rent Index, which was down 0.2 percent from December, but still 4.3 percent higher compared to a year ago. Read more..
The Zillow Home Value Index rose for the 15th straight month to $158,100 in January 2013. According to Zillow, national home values have not been that high since June 2004. The improvement represents a 6.2 percent year-over-year gain and a 0.7 percent increase from December 2012.
The winter season, however, slowed gains for the Zillow Rent Index, which was down 0.2 percent from December, but still 4.3 percent higher compared to a year ago. Read more..
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