All articles tagged with #us metros
In the U.S., buying fixer-uppers in certain Southern and Midwestern cities can be significantly cheaper, with discounts up to 78%, while Toronto faces a potential housing drought due to stagnant sales, and Abu Dhabi's property market is booming with a 42% increase in deals in the first half of the year. Meanwhile, UK landlords are considering leaving the rental market due to upcoming legislation.
Realtor.com's annual report ranks the 10 best U.S. cities to buy a house in 2024, with Toledo, Ohio topping the list and Oxnard/Thousand Oaks/Ventura, California coming in second. The report analyzed the country's 100 largest metropolitan areas, with half of the top metros located in California. The Midwest and Northeast markets are expected to remain popular due to affordability and quality of life amenities, while high-priced Western metros also made the list. Despite expected price growth and sales increases, affordability remains an issue for many, and sales and prices are projected to stay below pre-pandemic levels.
Atlanta has the highest average consumer debt among the 50 largest U.S. metros at $45,891, followed by Dallas, Washington D.C., Austin, and Raleigh, according to a study by LendingTree. The study found that auto loan debt is the highest non-mortgage debt in 34 of the 50 largest U.S. metros. San Antonio residents had the highest average auto debts at $18,248. The five largest metros with the least amount of consumer debt were New York City, Minneapolis, San Francisco, Louisville, and Chicago.