Real estate
fromsan.com
1 day agoCOVID remote work haven cities see housing demand cool: Report
Sun Belt housing markets are cooling as inventory rises, median prices slip, and sellers reduce prices to attract fewer buyers.
But in several major cities, incomes surged by double digits while others saw steep declines. SmartAsset ranked the 50 largest U.S. cities by population, analyzing year-over-year shifts in median income among the general population, seniors and families with children. Changes in incomes across a city can lead to different dynamics on local demand for businesses, job markets, and even have implications for how new tax legislation will affect residents, the report explained.