Friday, December 8, 2017

Here's How Much Extra You Need to Save to Keep Up with Rising Home Prices

Saving up to buy a home next year? You might need to put aside a little extra to keep up with rising home costs. According to a recent report from Zillow, the national median home will be worth $6,275 more a year from now—meaning that, on average, U.S. homebuyers will need to save an extra $105 a month (a total of $1,260 for 12 months) to keep up with the cost of a 20 percent down payment.

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from Apartment Therapy | Saving the world, one room at a time http://www.apartmenttherapy.com/rising-home-prices-save-more-longer-253288

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