RealtyHop – In the Press

Here’s How Long It Will Take You to Save a Down Payment in America’s 5 Toughest Cities for Homeownership

January 27, 2024 | Inc.

If you hope to buy a home someday, where you live will make a huge difference in how long it takes to save up that all-important down payment. If you live in Los Angeles and hope to buy a home there, it might take you almost 16 years to save up enough to do it. On the other hand, if you live in Detroit, two years and three months might be long enough. Those numbers are part of a new report from real estate site RealtyHop which estimates how long it will take to save up for a home in the nation’s 100 largest cities.


Here’s why commissions vary for buyers’ agents

December 31, 2023 | The Real Deal

RealtyHop discovered that except for co-ops, the higher the asking price, the larger percentage that sell-side agents offered to buy-side counterparts. The pattern held in boroughs with higher home prices, according to the study published Tuesday.


America’s Most Expensive ZIP Codes – California areas dominated the top 100 this year (and last).

November 9, 2023 | New York Times

If California’s home prices had physical weight, they’d tip the state into the Pacific Ocean. Among the 100 most expensive ZIP codes in the United States in 2023, 61 were found in the Golden State, according to a study by RealtyHop.


These are the 10 most expensive ZIP codes in the U.S.

October 31, 2023 | CNBC

Of the 100 most expensive ZIP codes to own a home in the U.S., 61 are in California and 18 are in New York, according to an analysis by online real estate marketplace RealtyHop. Only 10 other states made the list, including Connecticut, Florida, Massachusetts and New Jersey.


Dallas ranks as the least affordable housing market in North Texas, analysis finds

September 13, 2023 | Dallas Business Journal

The RealtyHop Metro Affordability Report found that families in Dallas earning the city’s average household income of $64,849 spend 40% of their income on mortgage and property tax payments. The median asking price in Dallas is $374,000.


League City has most affordable housing in Houston area when comparing income to costs, report says

August 22, 2023 | Houston Chronicle

In the August report of the [RealtyHop] Metro Affordability Report, which analyzes housing affordability and home ownership in the U.S., League City was named the most affordable housing market for homeowners among five cities in the Houston area, including Houston, Sugar Land, Pearland, and Pasadena.


This is the most affordable housing market among San Diego metro’s largest cities: report

July 26, 2023 | FOX 5

Based on […], there’s only one city among the largest cities in the San Diego metro where homebuyers will be forking out less than 50% of their income for a place to call their own. That’s according to a report by real estate listing platform RealtyHop, which examined home affordability for the average American family in the 100 largest U.S. cities and their surrounding metros.


Florida Is Losing Its Affordability Edge After Drawing a Flood of New Arrivals

June 17, 2023 | Bloomberg

One top destination for New Yorkers heading South — Miami — is now the most-unaffordable metro area in the US, according to May data from RealtyHop on homeownership expenses relative to incomes.


Metro Denver housing market less extreme when viewed in terms of space for the money

May 4, 2023 | Denver Post

Ranking by price per square foot, or what buyers get for what they pay, metro Denver ranks as the 21st most expensive market out of the 100 largest metros, according to […] RealtyHop, a home search portal. […] “Migration has inevitably driven up home prices in places like Denver. While still affordable compared to cities like San Francisco and LA, Denver is now one of the least affordable cities in the country,” said Shane Lee, a data scientist with RealtyHop.


Ahorra dinero: las ciudades más económicas de EE.UU. para comprar una casa familiar

April 30, 2023 | El Diario NY

La inmobiliaria RealtyHop realizó un estudio para detectar que ciudades son las más asequibles en Estados Unidos para comprar una casa, especialmente cuando la inflación y el alza en las tasas ha elevado sus precios.


New Yorkers are the No.1 movers to Florida. Find out why.

March 3, 2023 | USA TODAY

RealtyHop’s Housing Affordability Index, released in December, examining the share of income U.S. households would have to spend on homeownership costs to find out Miami to be the least affordable city, followed by Los Angeles and New York.


How To Design A Kitchen – Tips From 26 Home Decor Experts

February 8, 2023 | Annie & Oak

The kitchen is the heart of the home, a place where you cook, dine, and socialize with your loved ones. RealtyHop chimes in on valuable upgrades homeowners can make to their kitchen spaces. 


Where Are the Most and Least Affordable Homes?

Dec 15, 2022 | New York Times

If you spend more than 30 percent of your income on your monthly housing payment, you are officially “cost burdened,” according to the Department of Housing and Urban Development (HUD). In December, that threshold was easily surpassed in most large U.S. cities, according to RealtyHop’s December 2022 Housing Affordability Index.


The 10 most expensive ZIP codes in the U.S.

Nov 12, 2022 | CNBC

Homes in the exclusive Bay Area town sold for a median price of $9 million in 2022, increasing 0.56% from 2021, according to an analysis by online realtor RealtyHop. The first-place ranking goes back three years to when the annual rankings were first tracked.  


America’s most expensive ZIP codes: Coastal enclaves in California and New York dominate the top-10 list as Silicon Valley’s Atherton again ranks first with a median home price of $9M

Nov 12, 2022 | Daily Mail

Atherton, California, topped the 2022 rankings for the third year running, with a median home listing price of $9 million, according to the study released this week by real estate data firm RealtyHop.


The 12 least affordable housing markets in the U.S.

Aug 16, 2022 | CNBC

According to RealtyHop’s housing affordability index, many cities in the U.S. are still difficult to afford. Out of the 100 cities in the index, the average American would have to dedicate at least 40% of their income to own a home in 42 of them. 


Developer hopes to provide relief to affordable housing crisis

July 19, 2022 | CBS Miami

According to a new report from RealtyHop, the average family in Miami would have to set aside roughly 86% of their annual income to afford the median-priced home, which is now around $600,000. 


Miami’s tech boom is in trouble — but if it moves quickly, the city can still become a tropical Silicon Valley

May 18, 2022 | Business Insider

Only a few years ago, Miami’s cost of living was just above the national average. But thanks to a precipitous jump in newcomers, Miami has become the most expensive housing market in the US, a May report from RealtyHop said.


This California city just knocked S.F. off list of top five least affordable in U.S.

Dec 9, 2021 | San Francisco Chronicle

San Francisco now ranks as the seventh-least affordable for homeowners in the country, down from No. 5 in November, according to RealtyHop’s December 2021 Housing Affordability Index report.


One Arizona ZIP code ranked among most expensive US neighborhoods

Nov 10, 2021 | Phoenix Business Journal

As a whole, the most expensive ZIP codes in the U.S. are 7.1% more expensive than a year ago, according to a report, but the jump seen by this Arizona ZIP code was even higher.


Work And Travel Are Now Intertwined Due To The Pandemic

Oct 1, 2021 | Forbes

In fact, according to the October 2021 Housing Affordability Index report from RealtyHop, “Miami overtook LA as the second most expensive housing market in the country.” Professionals are willing to pay premiums to enjoy all the benefits that typically come with a vacation, in their daily lives that they did not have access to in places like New York or Boston. 


OKC house prices may be more affordable than you think

Sep 3, 2021 | The Oklahoman
This might come as a surprise, but despite a 14% jump in home prices in just a year — one mere year — Oklahoma City still has some of the most affordable houses in the country, new research shows. Affordability actually improved the past month, according to, an online housing marketplace geared toward investors and “buyers with an investment mindset.”
LA is nation’s second least affordable housing market: report
Aug 30, 2021 | The Real Deal
No surprise here: Los Angeles is still extremely unaffordable.The City of Angels again ranked as the country’s second least affordable city for prospective homebuyers, according to a report published Monday by the website RealtyHop.


Orlando rents have seen some of the largest increases in the nation in 2021

Jul 12, 2021 | Orlando Weekly
Although Orlando isn’t as expensive as other cities, it entered in the top 50 of the least affordable cities in the nation, ranking No.49 in RealtyHop’s monthly housing affordability index.

DREAM ON: Amid a housing crisis accelerated by the pandemic, Colorado lawmakers try to preserve a slice of the American dream

Jun 12, 2021 | Orlando Business Journal
A different report, from RealtyHop, concluded this week that an average family in Aurora would have to set aside a third of their annual income to afford a home, making the growing city #50 on the group’s index of affordable housing markets in the nation. The city’s population is expected to hover around 450,000 people by the end of the decade, according to predictions made using U.S. Census data.
Report: Orlando’s housing affordability shows no change heading into May
May 11, 2021 | Orlando Business Journal
RealtyHop’s monthly report compares housing affordability in the nation’s 100 largest cities based on the share of income needed for homeownership.

Reno land trust embarks on housing development for priced-out families

Apr 23, 2021 | North Nevada Business Weekly
It’s no big secret — the Biggest Little City has one of the smallest supplies of affordable homes in the U.S.
Case in point: Reno was named the 21st least affordable city among the 100 biggest metro areas in the country, according to RealtyHop’s April 2021 Housing Affordability Index, published March 29.

Housing analysis names Reno among the least affordable cities in the country

Mar 29, 2021 | Reno Gazette Journal
Housing affordability remains a problem for many residents of the Biggest Little City as a new report named Reno one of the least affordable cities in the U.S. — again.
Reno was named the 21st least affordable city among the 100 biggest metro areas in the country in the latest housing analysis released by real estate listing site RealtyHop. The study cited the high price of housing in the Reno-Sparks metro in relation to household incomes in the area.


San Francisco checks in at No. 5 on RealtyHop’s list of least affordable housing markets in the nation

Mar 29, 2021 | NBC Bay Area
San Francisco checks in at No. 5 on RealtyHop’s list of least affordable housing markets in the nation.


Reports Point to Another Hot, Uncertain Year in the Homes Market

January 21, 2021 | The Business Journal
Last year was a rollercoaster ride for residential real estate. Following a strong state of low inventories and affordable interest rates, spring threw everyone for a loop when buyers, sellers and realtors had to figure out how to do business in the midst of a pandemic.


Albuquerque lands in top third of realty website’s housing market health report

January 25, 2021 | Albuquerque Business Journals
A market health report from RealtyHop found Albuquerque’s housing market to be in the top third among 100 cities.


Actress Buys UES Duplex In One Of December’s Priciest Deals

January 4, 2021 | Patch Upper East Side
One of last month’s top apartment sales in New York City occurred on the Upper East Side — and the buyer is a face familiar to many TV-watchers and theatergoers.


It takes more than a decade to save a 20% down payment in these 4 cities

December 9, 2020 | Inman
Although historically low mortgage rates have made homeownership more affordable for a large swath of buyers, continuing supply constraints and stricter borrowing standards remain major roadblocks for Americans with lower incomes and credit scores.


This Is How Long You Have to Save to Buy a Home in Boston

December 9, 2020 | Boston Magazine
With 2021 right around the corner, many of us may be asking ourselves questions like, “How?” And, “a year, really?” And though the concept of time feels altogether bonkers at the moment, a new study by home listing site RealtyHop has put the value of a year into new perspective.


Upper East Side Had The Most Home Price Drops In NYC Last Month

December 4, 2020 | Patch Upper East Side
A stretch of the Upper East Side had the most drops in home prices of any New York City neighborhood last month, according to a new study.

These Are the Most Expensive U.S. Zip Codes in 2020 Based on Real Estate Listings

October 27, 2020 | Yahoo! Finance
If you’ve ever wondered what zip codes are the most expensive in the United States, listen up: The property investment site RealtyHop compiled a list of the priciest American zip codes based on real estate listings in 2020 so far.


Here are the NYC apartments for sale with the deepest price chops in September

October 6, 2020 | Brick Underground
Sellers continued to slash their listing prices last month, mostly in Manhattan. Neighborhoods here topped RealtyHop’s latest lists of areas with the most price cuts, continuing a trend of the last several months, with one exception: A Bronx co-op did make the list of the highest percentage price drops.


Jacksonville’s housing market boom continues

September 21, 2020 | Jacksonville Business Journal
Jacksonville, like much of the rest of the country, is experiencing a housing boom not seen since the lead up to the 2008 market crash.


Index puts Reno 18th among least-affordable housing markets”>Index puts Reno 18th among least-affordable housing markets

September 12, 2020 | Associated Press
Reno has become one of the top 20 least affordable housing markets in the U.S., with cost-burdened households needing to spend nearly half of their income to afford a median home, according to a monthly report by a real estate website.


New York City neighborhoods see real estate price drops throughout month of August

September 10, 2020 | AM NY
A handful of New York City neighborhoods saw price drops in August 2020, according to a new report.


Pandemic to worsen Orlando’s affordable housing shortage

August 31, 2020 | Orlando Business Journal
Orlando is already short tens of thousands of affordable homes, and may fall further behind as the coronavirus pandemic triggers job losses while housing costs stay high.


Report: Tampa, St. Pete among hottest housing markets in U.S. for July

July 22, 2020 | Tampa Bay Business Journal
Tampa and St. Petersburg had some of the hotter housing markets among the nation’s 100 largest in July.


If the economy is so bad, why are home prices still high in Dallas-Fort Worth?

June 29, 2020 | Fort-Worth Star-Telegram
Real estate prices in Dallas-Fort Worth are still sizzling, despite the COVID shutdown, data provided by real estate researchers shows.


Survey finds COVID-19 has disproportionate impact on minority housing options

June 16, 2020 | Chicago Agent Magazine
“How has your housing situation been affected by the COVID-19 outbreak?” That’s the question RealtyHop recently posed in its annual U.S. real estate survey, which found that almost half of respondents reported that COVID-19 disrupted their housing plans in some way.


Long Island City, Forest Hills see high number of home listings drop in price: Report

June 8, 2020 | QNS
While some real estate prices across Queens dropped in May, when compared to the rest of the city, the borough’s real estate market fared relatively well during the past month of the COVID-19 crisis, according to a new report.


Here’s how Orlando ranks for home affordability

May 5, 2020 | Orlando Business Journal
Orlando ranked No. 43 out of 100 cities nationwide in terms of affordability when it comes to owning a home, a new report from RealtyHop shows.


Here are the NYC apartments for sale with the deepest price chops in April

June 6, 2020 | Brick Underground
Fewer New York City apartment sellers cut prices in April compared to March, according to a new RealtyHop report.


Report: Tampa’s housing market health improved in February, while St. Petersburg’s fell

Mar 24, 2020 | Tampa Bay Business Journal
In a ranking of the 100 largest housing markets in the U.S., Tampa ranked as the 38th healthiest market, up three spots from the last ranking. In February, the city’s homes had a median price difference of $10,000, or a -2.70 percent median change in price.


Queens Residents Donated To Sanders and Trump in Big Numbers in 2019: Report

February 25, 2020 | LIC Post
Sanders received campaign money from 984 unique donors from Queens residents last year, while Trump followed closely behind with 867 unique donors, according to a RentHop study released last week.”


Number of SF homes selling under asking price spikes four months in a row

February 24, 2020 | Curbed San Francisco
Here’s one to turn heads: Real estate site RealtyHop has declared San Francisco one of the coldest home markets in the nation for the last four months in a row.”


Housing prices in St. Louis lower than most large US cities

February 14, 2020 | St. Louis Post-Dispatch
St. Louis came in at No. 10, out of the largest 100 U.S. cities, in a list from online real estate site RealtyHop that compares average home prices.”


Why Riverside Anaheim rank among nations strongest housing markets

January 23, 2020 | Orange County Register
Riverside and Anaheim are among the nation’s strongest housing markets, according to a new report from RealtyHop.”


Working with investors? Here’s the number crunch in Chicago

January 14, 2020 | Chicago Agent Magazine
To help investors researching properties from that perspective, investment property site RealtyHop recently released its January Property Investment Index detailing residential capitalization rates and net operating income across the 100 most populous real estate markets in the United States.”


Homeownership in Seattle Is Super Expensive, But the City Is Far Better Off Than the Worst-Case Examples

January 10, 2020 | Seattle Business Magazine
Narrowing the gap between income and home prices matters in making good on the dream of homeownership for more families, study shows.”


Glendale homes selling for top price

January 3, 2020 | The Glendale Star
According to RealtyHop, a national real estate listing company, “Glendale ranked in the top 10 hottest housing markets in December, with a -1.92% change in asking price.””


Four Bay Area cities ranked as the coldest real estate markets in the U.S.

December 20, 2019 | Mercury News
Bay Area real estate has long been hailed for its sizzling hot prices, million dollar tear-downs and bidding wars. But a new report from housing website RealtyHop shows that what goes up does tend to come down eventually.”


Stockton housing market still hot

November 18, 2019 | ABC 10
Property investment firm RealtyHop reported the city saw its median change in asking price drop $4,999 during the past month. Even so, that ranked Stockton third in the country for that small of a difference for the average listing price.”


Turtle Bay & East Midtown saw the most price drops: Report

November 11, 2019 | AM NY
Turtle Bay – East Midtown saw the highest number of price drops across all New York City neighborhoods in October, according to a report by”


Report: Austin home affordability ranks in bottom third among 100 largest U.S. cities

November 7, 2019 | Curbed Austin
First, the good news: Home-buying in Austin is slightly more affordable than it was last month. That’s according to a November report from listings site RealtyHop, which crunched U.S. Census numbers and more than 300,000 listings in its database to rank the 100 largest U.S. cities for affordability.”


Report: Atlanta in bottom third for home affordability among 100 biggest U.S. cities

November 4, 2019 | Curbed Atlanta
First, the good news: The City of Atlanta’s average home price of $330,000 translates, roughly, to a typical mortgage, plus taxes, being in the ballpark of $1,630 monthly.”


See where Cincinnati ranks in home affordability

September 30, 2019 | Cincinnati Business Courier
Cincinnati ranks in the top half of the 100 most populous U.S. cities for home affordability, according to a new report.”


Report: Tampa among least affordable cities for homeowners

September 11, 2019 | Tampa Bay Business Journal
Three other Florida cities ranked in the top 50 least affordable.”


This neighborhood saw the most home-price drops last month

September 5, 2019 | Crain’s New York Business
The market continued to slow during the month of August with New York City seeing a significant decrease in the number of price drops across all boroughs, according to a recent report by RealtyHop.”


California’s Biggest Cities Confront a ‘Defecation Crisis’

August 30, 2019 | CBS Boston
It may come as no surprise, but Boston is one of the least affordable places to buy a home. A new report from real estate website RealtyHop puts the city fifth on its list of least affordable housing markets.”


California’s Biggest Cities Confront a ‘Defecation Crisis’

August 16, 2019 | Wall Street Journal
The website dubs San Francisco “the doo-doo capital of the U.S.” They noted that the city’s poop reports almost tripled between 2011 and 2017.”


Which presidential candidates have snagged the most money from Portlanders in 2019?

July 24, 2019 | Portland Business Journal
RealtyHop broke down presidential donations by geography. Here’s who collected the most in the Rose City.”


2020 Candidates Are Highlighting Housing Affordability Issues. Here Are The Least Affordable Housing Markets

July 7, 2019 | Newsweek
The housing affordability crisis is particularly exacerbated in certain cities, like Los Angeles, where the average household pays more than 91.4 percent of their annual income to own a home, according to RealtyHop. Miami, New York, San Francisco and Oakland, where those seeking to buy a house would still have to pay 68.1 percent percent of their annual income, comprise the top five most expensive markets.”


These 5 NYC neighborhoods saw real estate prices drop in May

June 6, 2019 | New York Business Journal
RealtyHop crunched data and put together an interactive map to illustrate which neighborhoods saw the steepest fluctuations.”


Report: San Francisco is fourth least affordable place to own a home

June 3, 2019 | Curbed San Francisco
Many understand that San Francisco has some of the most punishing housing prices in the country—common knowledge even among those who don’t live here. But for anyone in search of more grim details on the topic, New York-based real estate site Realty Hop offers its monthly “affordability index.” Among its conclusions: SF is the fourth-least-affordable U.S. city in which to own a home, based on estimates of average monthly mortgage versus the median household income.”


Boston Has One of the Least Affordable Housing Markets in the Country

May 29, 2019 | Boston Magazine
As you might have heard, real estate in Boston is expensive. And when stacked up against cities around the country, it turns out the Hub has one of the least affordable housing markets out there, according to RealtyHop. The real estate website’s June report shows that Boston is the eighth most expensive place to own a home in the U.S.”


How affordable is buying a home in Philly versus the rest of the country?

April 1, 2019 | Curbed Philadelphia
A study examining the least and most affordable cities in terms of home buying puts Philly squarely in the middle. The report, which was put together by housing data site RealtyHop, compiled data on average house prices, property taxes, and median household income, and compared various major U.S. cities based on the data.”


Homeownership in Dallas requires 47% of a household’s annual income, report says

March 5, 2019 | Dallas Business Journal
Out of the 100 most populous cities around the nation, Dallas came in 84th place in a list that ranked the most affordable cities for homeownership.”


The 5 Most Expensive U.S. Cities for Homeowners

February 5, 2019 | Apartment Therapy
RealtyHop, a real estate search engine, just released their first-ever Housing Affordability Index, ranking the top 100 metropolitan areas in the U.S. by each city’s cost burden for homeowners. If you live in one of the nation’s costly urban hubs, you won’t be surprised to read, that according to the analysis, homeowners in the most expensive cities need to shell out around half of their income on housing—or more.”


Millennials should move to one of these 20 smaller cities

October 31, 2018 | Inman
Where should Millennials looking to buy a home move to? RealtyHop, a startup sale and rental listings portal that attempts to predict what a property will rent for, crunched U.S. Census data and figured out the best metropolitan areas for millennials.”


Atlanta scores B- as landing spot for millennials in 2018

October 31, 2018 | Curbed Atlanta
Three years ago, MONEY magazine raised eyebrows and stoked some modicum of local pride by declaring Atlanta the second best U.S. city for millennials, slotting the Big Peach between rival Austin (No. 1) and Columbus, Ohio. Now, according to an analysis by national home sales and data site RealtyHop, Atlanta is merely a B- option for younger Americans looking to put down roots.”


San Francisco dubbed ‘doo-doo capital’ of US thanks to out-of-control bum crisis

October 10, 2018 | NY Post
One of the most beautiful cities in the country has turned into a dumping ground for Bay Area bowel movements — and things have gotten so bad, the California city is now dubbed the “Doo-Doo Capital in the US.””


13 Ways To Make Moving Less Stressful

August 9, 2018 | Bustle
When it comes to getting ready to move, looking around at all your belongings, from furniture to knickknacks, can be overwhelming. However, if you focus on one room at a time, it’ll reduce your stress and you’ll be able to cut your big goal — packing up your entire place — into smaller ones. “Pack one room at a time,” Shane Lee, corporate communications analyst at RealtyHop, tells Bustle. “This helps you keep things organized and saves you lots of time later when you unpack.”


Tour Taylor Swift’s Home This Sunday? Here’s Where to Go—and Why You Can

May 2, 2018 | Realtor
Taylor Swift is clearly done with Beverly Hills. News has surfaced that the pop star has recently sold one of her homes there for $4 million, and just listed another one nearby. Even stranger? These two homes—and her approach to selling them—couldn’t be more different. Let’s compare!


How Much Below the Asking Price Should You Offer on a House? Answers Here!

Apr 23, 2018 | Realtor
How much below asking price should you offer on a house? Or is it something you shouldn’t try at all? The not-so-simple answer: It all depends on the market you’re in and other factors you should weigh before you lowball with abandon.


What Happened To A Trump Apartment In New York After The Election?

April 18, 2018 | Investing Channel
In the 2016 elections, Hillary Clinton won New York City with 79% of the vote. In Manhattan, that number was 86.6%. On the island where Donald Trump first made a name for himself as a real estate developer, fewer than 1 in 5 residents voted for him. We decided to look at this situation through the lens of a single Manhattan apartment complex. Who would want to live in a Trump-brand building in a strongly anti-Trump borough?


20 Tips for Selling a Home in Today’s Market

Feb 05, 2018 | Cheapism
Nothing is more attractive to prospective buyers than a nicely designed yard, says Shane Lee, of “Spend some time and money mowing the lawn, growing plants and adding colorful flowers,” said Lee. “That will make your house look incredibly valuable.”