The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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Smiling Bob

To: bull_dozer who wrote (118655)	3/18/2022 10:52:02 PM
From: bull_dozer	1 Recommendation Read Replies (2) of 119360

Homes Earned More for Owners Than Their Jobs Last Year In this booming housing market, many homeowners earned more last year from home appreciation than from their jobs. Zillow Group Inc.’s home value index, which estimates the value of the typical U.S. home, rose 19.6% in 2021 to $321,634, an increase of $52,667 from 2020. That figure was slightly higher than what the median U.S. full-time worker earned, which was about $50,000 last year before taxes, according to Census Bureau data cited by Zillow. That marked the first time that the annual nationwide dollar growth for the typical home value exceeded the inflation-adjusted median pretax income, according to a Zillow analysis, which goes back to 2000. wsj.com

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