Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0.00479616306954426 0.0115107913669064 0.00023980815347717
Stock impact report

Those Saving for a Down Payment can Afford a Home Nearly Three Years Sooner by Moving Back in with Mom or Dad

Zillow Group, Inc. - Class C Capital Stock (Z) 
Last zillow group, inc. - class c capital stock earnings: 8/6 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.zillowgroup.com
Company Research Source: PR Newswire
SAN FRANCISCO, Feb. 28, 2019 /PRNewswire/ -- Housing expenses add two years and 10 months to the time it takes a typical renter to save for a 20 percent down payment on the median U.S. home, according to a new HotPads® analysis.The median home value is $225,300i, meaning a 20 percent down payment is about $45,000. If a renter earning the median annual income saves 16.5 percent of their income after accounting for housing costs each month – the typical rate of savings for U.S. rentersii – they would have enough saved after eight years.A typical renter also spends about 34 percent of their income on housingiii. If a renter making the median income eliminated their housing expenses and increased their monthly savings proportionally, they would have enough saved for a 20 percent down payment on the median home after 5 years and 2 months – almost three years sooner than those who pay rent and save for a down payment simultaneously. Saving for a down payment can be a significant barrier to Show less Read more
Impact Snapshot
Event Time:
Z
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for Z alerts
Opt-in for
Z alerts

from News Quantified
Opt-in for
Z alerts

from News Quantified