Jul 6, 2016
It is no secret that the price tag for owning a home varies wildly in different parts of the country. Even within states, the highest and lowest averages are often within 100 miles of each other.
Jun 21, 2016
A new survey by Credit Karma finds that contrary to trending criticisms, young people really are interested in “adulting” in pretty traditional ways. They are getting married and buying homes and cars in large numbers. Urban, suburban and rural 18-34 year-olds are starting families and using credit cards.
Nov 5, 2015
Owning a home is a hallmark of American life. People often chase the ideal of having a house, a vehicle and a grill they can use during cookouts with friendly neighbors. There’s just one problem, according to Zillow home prices have been rising steadily since 2012, with many buyers also held back by stricter lending standards in the market since the housing crash in 2007.
Oct 22, 2015
Despite all of the reports to the contrary, a new survey from Credit Karma shows that millennials still value and desire owning a home. Ninety-two percent of Millennial couples we spoke to plan on buying a house. Having their own home factors in huge in how Millennials measure their own financial progress in life: 83 percent saw it as an essential part of what defines financial success.
Sep 11, 2015
Consumer debt levels keep hitting all-time highs. But Credit Karma data looking at average consumer debt for our more than 40 million members shows there are still some cities where borrowing isn’t spiking so high.
Aug 14, 2015
Want to own a home? You may want to ditch the big city. We consulted our data to find the US cities where the highest percentage of Credit Karma members had mortgages, and small cities dominated. Of the top 15 cities, none had more than 250,000 residents, and all but three had less than 200,000.
Aug 6, 2015
Where the US cities with the highest average mortgages were all out west, the 15 cities where Credit Karma members had the lowest average mortgage according to our data* spread all over the country: the Midwest, South and Northeast.
Jul 30, 2015
If you’re thinking about buying property in California, you might need to see how deep your pockets go. While the Golden State is known for its beaches and endless summers, it’s also home to some of the priciest real estate in the country. According to Credit Karma user data,* of the 15 U.S. cities where our members have the highest average mortgages, 14 were located in California.
Aug 1, 2014
The housing market has seen a few straight months of increased sales in existing homes. Couple increased sales with a 5.5 percent rise in average home prices between May 2013 and 2014, and the market seems to be on the road to improvement.